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Note 13 - Investments in Non-consolidated Companies (Tables) | 12 Months Ended
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Dec. 31, 2022
Disclosure of unconsolidated structured entities [abstract] |
Disclosure of unconsolidated structured entities [text block] |
| Year ended December 31, |
| 2022 |  |  | 2021 |
At the beginning of the year | 1,383,774 |  |  | 957,352 |
Translation differences | 7,336 |  |  | (11,085 | )
Equity in earnings of non-consolidated companies | 242,743 |  |  | 512,591 |
Impairment loss in non-consolidated companies (*) | (34,041 | ) |  | - |
Dividends and distributions declared (**) | (64,189 | ) |  | (78,926 | )
Increase in equity reserves and others | 5,023 |  |  | 3,842 |
At the end of the year | 1,540,646 |  |  | 1,383,774 |
(*) Includes an impairment of $19.1 million related to the investment in Usiminas and $14.9 million related to the joint venture with PAO Severstal (“Severstal”). For more information see note 3 6. (**) Related to Ternium and Usiminas. During 202 2 and 20 2 1 $66.2 million and$75.9 million respectively were collected.
Disclosure of detailed information about principal non-consolidated companies [text block] |
|  | % ownership at December 31, |  |  | Book value at December 31, |
Company | Country of incorporation | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
a) Ternium (*) | Luxembourg | 11.46% |  |  | 11.46% |  |  | 1,363,607 |  |  | 1,210,206 |
b) Usiminas (**) | Brazil | 3.07% |  |  | 3.07% |  |  | 109,534 |  |  | 103,106 |
c) Techgen | Mexico | 22.00% |  |  | 22.00% |  |  | 41,506 |  |  | 29,397 |
d) Global Pipe Company | Saudi Arabia | 35.00% |  |  | 35.00% |  |  | 23,022 |  |  | 21,523 |
Others |  |  |  |  |  |  |  | 2,977 |  |  | 19,542 |
|  |  |  |  |  |  |  | 1,540,646 |  |  | 1,383,774 |
(*) Including treasury shares. (**) At December 31,20 2 2 and 20 2 1 the voting rights were 5.19%.
Disclosure of detailed information about selected financial information [text block] |
| Ternium |
| 2022 |  |  | 2021 |
Non-current assets | 8,647,510 |  |  | 8,491,363 |
Current assets | 8,844,038 |  |  | 8,606,544 |
Total assets | 17,491,548 |  |  | 17,097,907 |
Non-current liabilities | 1,506,325 |  |  | 1,649,105 |
Current liabilities | 2,216,832 |  |  | 3,213,764 |
Total liabilities | 3,723,157 |  |  | 4,862,869 |
Total equity | 13,768,391 |  |  | 12,235,038 |
Non-controlling interests | 1,922,434 |  |  | 1,700,019 |
Revenues | 16,414,466 |  |  | 16,090,744 |
Gross profit | 3,927,184 |  |  | 6,195,674 |
Net income for the year attributable to owners of the parent | 1,767,516 |  |  | 3,825,068 |
| Usiminas |
| 2022 |  |  | 2021 |
Non-current assets | 3,764,453 |  |  | 3,491,103 |
Current assets | 3,901,844 |  |  | 3,583,814 |
Total assets | 7,666,297 |  |  | 7,074,917 |
Non-current liabilities | 1,671,249 |  |  | 1,575,321 |
Current liabilities | 1,033,524 |  |  | 1,134,663 |
Total liabilities | 2,704,773 |  |  | 2,709,984 |
Total equity | 4,961,524 |  |  | 4,364,933 |
Non-controlling interests | 523,741 |  |  | 467,551 |
Revenues | 6,296,964 |  |  | 6,269,569 |
Gross profit | 1,110,439 |  |  | 2,101,336 |
Net income for the year attributable to owners of the parent | 319,979 |  |  | 1,687,682 |

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