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COMMITMENTS (Tables)
 12 Months Ended
Dec. 31, 2021
Schedule of take-or-pay contracts

As of December 31, 2021, and 2020, the Company was a party to take-or-pay contracts as shown in the following table:

 

    Payments in the period                    
Type of service   2020   2021   2022   2023   2024   After 2024   Total
                             
Transportation of iron ore, coal, coke, steel products, cement and mining products.   946,865   1,351,564   1,483,615   1,552,730   1,605,777   2,895,525   7,537,647
Supply of power, natural gas, oxygen, nitrogen, argon and iron ore pellets.   1,044,380   1,546,308   1,508,336   388,863   370,132   2,039,360   4,306,691
Processing of slag generated during pig iron and steel production.   75,863   73,983   46,833   41,973   6,334   0   95,140
Manufacturing, repair, recovery and production of ingot casting machine units.   7,674   3,499   0   0   0   0   0
Oil Storage and Handling   1,900   2,489   2,666   2,666   666   0   5,998
Labor and consultancy services   32,279   33,375   35,526   35,526   35,526   167,416   273,994
          2,108,961         3,011,218       3,076,976       2,021,758       2,018,435       5,102,301       12,219,470