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BUSINESS COMBINATION (Tables)
 12 Months Ended
Dec. 31, 2023
IfrsStatementLineItems [Line Items]  
Schedule of determination of purchase price
           
Item   Comment   BRL thousand   Reference
Equity interests issued   The Prada issued new shares that were delivered to Metalgrafica's shareholders   263   (a)
Equity interests issued   The Metalgrafica issued new shares which were acquired by Prada   133,100   (b)
Purchase price considered for the business combination       133,363    

 

a) Prada approved a capital increase in the amount of R$263 with the issuance of 571,251 common shares, paid in with Metalgráfica shares. The shares were issued at the equity value according to the Appraisal Report.
Schedule of fair value measurement
 
Equity value - Metalgráfica  date base - 03/31/2022 
Discounted Cash Flow 59,353
Discounted residual value 33,973
Enterprise value 93,326
Indebtdness net (109,133)
Non-operating assets/liabilities 16,070
Equity value 263

 

b) Metalgráfica's Board of Directors approved on September 6, 2022 the capital increase in the amount of R$ 133,100 through the issue of 122,110,092 shares subscribed by Prada.
Schedule of goodwill on acquisition
       
Item   BRL thousand   Reference
 Purchase price considered      133,363    (i) 
 Fair value of the assets and liabilities acquired      121,948    (iii) 
 Goodwill based on expectations for future profitability (note 12)    11,415    
Schedule of fair value of assets acquired and liabilities assumed
               
 (R$'000)     Accounting Balances      Proforma Adjustment     Fair value adjustment       Total fair value  
 Current Assets    23,924    133,100        157,024
Cash and cash equivalents    569             569
Trade receivables     7,249              7,249
Inventories     4,435              4,435
Other assets     713    133,100        133,813
Recoverable taxes and contributions   10,958            10,958
                 
 Non-current Assets    58,408        72,184    130,592
Recoverable taxes and contributions   38,649            38,649
Other assets      1,856              1,856
Investments   10            10
Property, plant and equipment   17,750        72,184   89,934
Intangibles    143             143
 Total assets acquired    82,332    133,100   72,184    287,616
                   -
Current Liabilities     134,464             134,464
Borrowings and financing    89,852            89,852
Trade payables   17,114            17,114
Labor obligations   17,339            17,339
Taxes payable    181             181
Advances from customers      1,158              1,158
Installments     2,227              2,227
Other accounts     6,593              6,593
                 
 Non-current Liabilities    31,204            31,204
Borrowings and financing    21,844            21,844
Installments     6,462              6,462
Other accounts     2,898              2,898
 Total liabilities assumed     165,668             165,668
 Net equity acquired      (83,336)    133,100   72,184    121,948
Schedule of fair value allocated amounts composition
               
Assets acquired      Valuation method     Carrying amounts     Fair value adjustment     Total fair value 
Property, plant and equipment   The values of fixed assets were adjusted by the difference between the revalued value of f ixed assets and their respective net book value, according to a technical evaluation carried out by an independent appraiser for the groups of assets represented by buildings, vehicles, furniture and fixtures. The useful lives follow the terms disclosed in note 11    17,750    72,184    89,934
         17,750    72,184    89,934
Schedule of fair value allocation
               
Assets acquired      Valuation method     Carrying amounts     Fair value adjustment     Total fair value 
Property, plant and equipment   The amounts of property, plant and equipment were adjusted by the difference between the fair value of the PP&E and their respective net carrying amounts, as per the technical valuation conducted by an independent appraiser for the groups of assets represented by improvements, constructions, vehicles, furniture and fixtures. The useful lives follow the periods disclosed in Note 11     106,695   195,026     301,721
Intangible assets   Evaluated by the MPEEM method that measures the present value of future income to be generated during the remaining useful life of a given asset. Using the analysis of the company's projected results as a reference, the pre-tax cash flows directly attributable to the asset are calculated, as from the base date stipulated in the evaluation and Incremental Cash Flow, where the economic gain generated by the spread between the contract value and the spot value of energy was the basis of a free cash flow     104,499    83,610     188,109
          211,194   278,636     489,830
Schedule of fair value allocation
               
Assets acquired      Valuation method     Carrying amounts     Fair value adjustment     Total fair value 
Property, plant and equipment   Valued using the "MARKET APPROACH" method, where the fair value of the asset is estimated by comparing it with similar or comparable assets that have been sold or listed for sale in the primary or secondary market.    3,185,975   402,289   3,588,264
Mining rights   Evaluated by the MPEEM method that measures the present value of future income to be generated during the remaining useful life of a given asset. Using the analysis of the company's projected results as a reference, the pre-tax cash flows directly attributable to the asset are calculated, as of the base date stipulated in the evaluation   2,456   135,216   137,672
Trademarks   The brands were evaluated using the Royalty Relief method, which consists of projecting the expectation of royalties and measuring the present value.                             38,370   38,370
Softwares   The Company's software has not been evaluated.   4,973                               4,973
        3,193,404   575,875   3,769,279
Santa Ana Energetica And Topazio Energetica S A [Member]  
IfrsStatementLineItems [Line Items]  
Schedule of fair value of assets acquired and liabilities assumed
                       
    Santa Ana Energética   Topázio Enérgetica
(R$'000)    Carrying amounts    Fair value adjustments    Total fair value     Carrying amounts    Fair value adjustments    Total fair value 
Cash and cash equivalents   1,602         1,602   3,493          3,493
Trade receivables    13          13   199          199
Inventories   422        422   647          647
Recoverable taxes    2         2    87         87
Other assets                21         21
 Property, plant and equipment     28,163   10,482     38,645     173,494     (79,317)   94,177
Intangíible assets       (3,200)   (3,200)       331,637     331,637
 Total assets acquired     30,202     7,282     37,484     177,941     252,320     430,261
                          
Accounts payable   2         2   179          179
 Taxes payable     72          72   821          821
Salaries and social charges              167          167
 Other payables     92          92            
Leases    26          26   233          233
 Total liabilities assumed    192        192   1,400         1,400
 Net equity acquired     30,010     7,282     37,292     176,541     252,320     428,861
1-Refer to a PP&E impairment recognized in Topázio and a recognition of an onerous contract related to prior concession agreement of Santa Ana.
Schedule of fair value allocation
               
Item   Comment   Santa Ana Energética    Topázio Enérgetica    Reference
Assets transferred   In the transaction, a payment in the amount of R$466,153 was made.   37,292   428,861    (i) 
Purchase price considered for the business combination       37,292   428,861    
(i)On June 30, 2022, the transaction was concluded with the payment by CSN Cimentos and CSN Energia in the amount of R$466,153.
Schedule of fair value allocation
               
Assets acquired      Valuation method     Carrying amounts     Fair value adjustment     Total fair value 
Property, plant and equipment   The amounts of property, plant and equipment were adjusted by the difference between the fair value of the PP&E and their respective net carrying amounts, as per the technical valuation conducted by an independent appraiser for the groups of assets represented by improvements, constructions, vehicles, furniture and fixtures. The useful lives follow the periods disclosed in Note 11    201,657   (68,835)     132,822
Intangible assets   Evaluated by the MPEEM method that measures the present value of future income to be generated during the remaining useful life of a given asset. Using the analysis of the company's projected results as a reference, the pre-tax cash flows directly attributable to the asset are calculated, as of the base date stipulated in the evaluation        328,437     328,437
         201,657   259,602     461,259
Estadualde Geracaode Energia Eletrica [Member]  
IfrsStatementLineItems [Line Items]  
Schedule of fair value of assets acquired and liabilities assumed
           
(R$'000)     Carrying amounts      Fair value adjustments      Total fair value  
Cash and cash equivalents   661,864        661,864
Trade receivables     51,333          51,333
Inventories    2,636         2,636
Recoverable taxes     5,043         5,043
Other assets    125,516        125,516
Judicial deposits and guarantees     59,335          59,335
Investments   312,800     368,018   680,818
 Property, plant and equipment      31,853          31,853
Intangíible assets    2,041,196     8,276   2,049,472
 Total assets acquired    3,291,576     376,294   3,667,870
             
Trade payables     22,928          22,928
 Taxes payable      19,951          19,951
Salaries and social charges     16,343          16,343
Deferred taxes    (65,560)         (65,560)
Judicial contingencies   306,400        306,400
 Other payables    134,380        134,380
Bonus grant payable   2,024,118        2,024,118
 Total liabilities assumed    2,458,560       2,458,560
 Net equity acquired    833,016     376,294   1,209,310
 Equity acquired (66.23%)    551,706     376,294   928,000
Schedule of fair value allocation
           
Item   Comment   BRL thousand   Reference
Assets transferred   Payment made upon completion of the transaction    928,000   (i)
Purchase price considered for the business combination        928,000    
(i)On October 21, 2022, the transaction was concluded with the payment by the Company of R$928,000.
C S N Cimentos Brasil S A [Member]  
IfrsStatementLineItems [Line Items]  
Schedule of fair value of assets acquired and liabilities assumed
           
        CSN Cimentos Brasil 
     Carrying amounts    Fair value adjustments    Total fair value 
Cash and cash equivalents     496,445        496,445
Trade receivables     141,266        141,266
Inventories     272,106        272,106
Recoverable taxes      229,940        229,940
Deferred taxes     982,547        982,547
Other assets      147,565        147,565
 Property, plant and equipment      3,185,975    402,289   3,588,264
Intangíible assets      7,429    173,586   181,015
 Total assets acquired      5,463,273    575,875   6,039,148
             
Trade payables     510,522        510,522
Lease liabilities   43,978          43,978
 Taxes payable    50,527          50,527
Salaries and social charges   32,324          32,324
 Other payables      139,830        139,830
Taxes in installments     148,249        148,249
Legal Contingencies     491,114        491,114
 Total liabilities assumed      1,416,544        1,416,544
 Net equity acquired      4,046,729    575,875   4,622,604
Schedule of fair value allocation
           
Item   Comment   CSN Cimentos Brasil    Reference
Assets transferred   In the transaction, a payment in the amount of US$960,733 was made    5,013,436    (i) 
Purchase price considered for the business combination        5,013,436    

 

(i)On the date of its completion, the transaction included (i) the transfer to the sellers of the amount of US$50,000 – equivalent to R$261,140 deposited by CSN Cimentos in September 2021 in an escrow account, and (ii) the payment of US$910,733 million – equivalent to R$4,752,296. The final price considered in the transaction was US$960,733 – equivalent to R$5,013,436.
Schedule of fair value allocation
               
Assets acquired      Valuation method     Carrying amounts     Fair value adjustment     Total fair value 
Investments   Initially evaluated by the FDC - Discounted Cash Flow method for each investment, however, certain stakes are tied to purchase options with third parties at prices predetermined in the auction notice. Therefore, the fair value of these investments was measured considering the lower of the value identified in the FDC and the value of the purchase option.     312,800   368,018     680,818
Intangible assets   Evaluated by the MPEEM method that measures the present value of future income to be generated during the remaining useful life of a given asset. Using the analysis of the company's projected results as a reference, the pre-tax cash flows directly attributable to the asset are calculated, as of the base date stipulated in the evaluation   2,041,196   8,276   2,049,472
        2,353,996   376,294   2,730,290
Schedule of goodwill on acquisition
       
Item   CSN Cimentos Brasil S.A.   Reference
 Purchase price considered      5,013,436    item (i) 
 Fair value of the assets and liabilities acquired      4,622,604    
Goodwill based on expectations for future profitability (note 12)     390,832    
Companhia Energetica Chapeco [Member]  
IfrsStatementLineItems [Line Items]  
Schedule of fair value of assets acquired and liabilities assumed
           
(R$'000)     Carrying amounts      Fair value adjustment       Total fair value  
Assets            
Cash and cash equivalents   41,693        41,693
Trade receivables     5,745          5,745
Other assets     246         246
Recoverable taxes and contributions     5,420          5,420
Deferred taxes     9,521          9,521
Judicial deposits    151         151
Property, plant and equipment    106,695    195,026    301,721
Intangíible assets     104,499   83,610    188,109
 Total assets acquired     273,970    278,636    552,606
             
Liabilities            
Trade payables    157         157
Labor obligations    364         364
Taxes payable     1,945          1,945
Concession payable   12,281        12,281
Other accounts     1,567          1,567
Advances from customer    100,012         100,012
Concession payable   77,646        77,646
 Total liabilities assumed     193,972         193,972
  Total equity acquired     79,998    278,636    358,634
Schedule of fair value allocation
           
Item   Comment   BRL thousand   Reference
Assets transferred   Payment made upon acquisition     358,634   (i)
Purchase price considered for the business combination         358,634    
(i)On October 7, 2022, the transaction was completed with the payment of R$358,634 by CSN Mineração and CSN Energia.