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Note 12 - Investments in Non-consolidated Companies (Tables)

12 Months Ended

Dec. 31, 2017

Statement Line Items [Line Items]

Disclosure of detailed information about investments in non-consolidated companies [text block]

		Year ended December 31,
		2017				2016

At the beginning of the year			557,031				490,645
Translation differences			(9,548	)			3,473
Equity in earnings of non-consolidated companies			116,140				71,533
Dividends and distributions received (*)			(22,971	)			(20,674	)
Additions			-				17,108
Decrease / increase in equity reserves and others			(358	)			(5,054	)
At the end of the year			640,294				557,031

Disclosure of detailed information about principal non-consolidated companies [text block]

				% ownership at December 31,								Value at December 31,
Company		Country of incorporation		2017				2016				2017				2016
a) Ternium (*)		Luxembourg			11.46	%			11.46	%			563,735				491,285
b) Usiminas (**)		Brazil			3.08	%			3.08	%			70,642				61,904
Others		-			-				-				5,917				3,842
													640,294				557,031

Disclosure of detailed information about selected financial information [text block]

		Ternium
		2017				2016
Non-current assets			7,727,283				5,622,556
Current assets			4,395,283				2,700,314
Total assets			12,122,566				8,322,870
Non-current liabilities			3,442,521				1,324,785
Current liabilities			2,827,275				1,831,492
Total liabilities			6,269,796				3,156,277

Non-controlling interests			842,347				775,295

Revenues			9,700,296				7,223,975
Gross profit			2,297,271				1,839,585
Net income for the year attributable to owners of the parent			886,219				595,644
Total comprehensive income for the year, net of tax, attributable to owners of the parent			815,434				534,827

		Usiminas
		2017				2016
Non-current assets			5,661,947				6,085,811
Current assets			2,193,096				1,970,015
Total assets			7,855,043				8,055,826
Non-current liabilities			2,344,042				2,856,883
Current liabilities			920,924				537,646
Total liabilities			3,264,966				3,394,529

Non-controlling interests			425,988				508,083

Revenues			3,367,937				2,442,596
Gross profit			513,712				150,999
Net income (loss) for the year attributable to owners of the parent			99,853				(166,153	)