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Note 13 - Investments in Non-consolidated Companies (Tables)

12 Months Ended

Dec. 31, 2020

Disclosure of unconsolidated structured entities [abstract]

Disclosure of unconsolidated structured entities [text block]

		Year ended December 31,
(all amounts in thousands of U.S. dollars)		2020				2019
At the beginning of the year			879,965				805,568
Translation differences			(31,977	)			(10,781	)
Equity in earnings of non-consolidated companies			108,799				82,036
Increase due to business combinations			-				20,635
Dividends and distributions declared (*)			(861	)			(28,037	)
Additions			-				19,610
Increase / (decrease) in equity reserves and others			1,426				(9,066	)
At the end of the year			957,352				879,965

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

				% ownership at December 31,				Value at December 31,
Company		Country of incorporation		2020		2019		2020				2019
a) Ternium (*)		Luxembourg		11.46%		11.46%		830,028				751,105
b) Usiminas (**)		Brazil		3.07%		3.07%		65,144				74,593
c) Techgen		Mexico		22.00%		22.00%		19,536				9,888
d) Global Pipe Company		Saudi Arabia		35.00%		35.00%		23,421				22,550
Others		-		-		-		19,223				21,829
								957,352				879,965

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

(all amounts in thousands of U.S. dollars)			Ternium
			2020				2019
Non-current assets			8,289,460				8,757,320
Current assets			4,566,775				4,178,213
Total assets			12,856,235				12,935,533
Non-current liabilities			2,559,485				3,452,535
Current liabilities			1,853,597				1,768,125
Total liabilities			4,413,082				5,220,660

Equity			8,443,153				7,714,873

Revenues			8,735,435				10,192,818
Gross profit			1,635,512				1,740,378
Net income for the year attributable to owners of the parent			778,468				564,269
Total comprehensive income for the year, net of tax, attributable to owners of the parent			666,667				445,473

(all amounts in thousands of U.S. dollars)			Usiminas
			2020				2019
Non-current assets			3,487,317				4,335,662
Current assets			2,276,368				2,198,449
Total assets			5,763,685				6,534,111
Non-current liabilities			1,661,605				1,955,395
Current liabilities			861,912				716,930
Total liabilities			2,523,517				2,672,325

Equity			3,240,168				3,861,786

Revenues			3,132,949				3,790,206
Gross profit			624,199				478,141
Net income for the year attributable to owners of the parent			106,361				52,779