v3.26.1
ALLOWANCES AND PROVISIONS - NON-CURRENT AND CURRENT (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Provisions and allowances - Non current    
Non-current provisions, beginning of the year $ 552,600  
Non-current provisions, end of the year 585,854 $ 552,600
Allowance for doubtful accounts    
Provisions and allowances - Non current    
Non-current provisions, beginning of the year 4,545 6,430
Translation differences 576 (1,387)
Additions 7 0
Reversals (616) (34)
Transfers 0 0
Uses (63) (464)
Non-current provisions, end of the year 4,449 4,545
Provisions and allowances - Current    
Current provisions, beginning of the year 47,808 53,045
Translation differences 3,066 (6,835)
Additions 2,360 9,089
Reversals (3,261) (3,489)
Transfers 0 0
Uses (6,699) (4,002)
Current provisions, end of the year 43,274 47,808
Legal claims and other matters    
Provisions and allowances - Non current    
Non-current provisions, beginning of the year 552,600 839,921
Translation differences 67,494 (163,514)
Additions 31,371 32,176
Reversals (31,834) (92,645)
Transfers 0 0
Uses (33,777) (63,338)
Non-current provisions, end of the year 585,854 552,600
Asset retirement obligation    
Provisions and allowances - Non current    
Non-current provisions, beginning of the year 80,543 104,455
Translation differences 10,205 (13,546)
Additions 32,266 14,597
Reversals (2,537) (1,900)
Transfers 8,513 (23,063)
Uses 0 0
Non-current provisions, end of the year 128,990 80,543
Provisions and allowances - Current    
Current provisions, beginning of the year 17,818 7,332
Translation differences 2,344 (7,101)
Additions 19,885 12,294
Reversals (15,450) (17,770)
Transfers (8,513) 23,063
Uses 0 0
Current provisions, end of the year 16,084 17,818
Obsolescence allowance    
Provisions and allowances - Current    
Current provisions, beginning of the year 122,152 200,024
Translation differences 4,068 (18,436)
Additions 53,679 57,550
Reversals (48,214) (46,581)
Transfers 0 0
Uses (5,328) (70,405)
Current provisions, end of the year 126,357 122,152
Provision for ongoing litigation related to the acquisition of a participation in Usiminas    
Provisions and allowances - Current    
Current provisions, beginning of the year 410,200 0
Translation differences 0 0
Additions 117,400 813,988
Reversals 0 (403,788)
Transfers 0 0
Uses 0 0
Current provisions, end of the year $ 527,600 $ 410,200