v3.26.1
Consolidated Income Statements - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Disclosure of analysis of other comprehensive income by item [line items]      
Net sales $ 15,609,094 $ 17,649,060 $ 17,610,092
Cost of sales (13,255,990) (14,760,224) (14,050,737)
Gross profit 2,353,104 2,888,836 3,559,355
Selling, general and administrative expenses (1,601,466) (1,650,759) (1,471,678)
Other operating (expense) income, net (46,216) 25,234 110,337
Operating income 705,422 1,263,311 2,198,014
Finance expense (214,392) (196,175) (125,376)
Finance income 237,532 297,820 255,009
Other financial (expenses) income, net (48,564) (295,859) (6,179)
Equity in earnings of non-consolidated companies 85,641 69,108 105,305
Income before income tax expense - IFRS 648,239 728,005 1,320,782
Income tax expense (345,144) (554,224) (334,408)
Profit for the year 303,095 173,781 986,374
Attributable to:      
Owners of the parent 425,232 (53,672) 676,043
Non-controlling interest $ (122,137) $ 227,453 $ 310,331
Weighted average number of shares outstanding (in shares) 1,963,076,776 1,963,076,776 1,963,076,776
Diluted earnings per share for profit attributable to the owners of the parent (expressed in $ per share) $ 0.22 $ (0.03) $ 0.34
Basic earnings per share for profit attributable to the owners of the parent (expressed in $ per share) $ 0.22 $ (0.03) $ 0.34
Usiminas      
Disclosure of analysis of other comprehensive income by item [line items]      
Net sales $ 4,698,000 $ 4,803,000  
Provision for ongoing litigation related to the acquisition of a participation in Usiminas (117,400) (410,200) $ 0
Attributable to:      
Non-controlling interest 30,000 28,000  
Usiminas      
Disclosure of analysis of other comprehensive income by item [line items]      
Effect related to the increase of the participation in Usiminas 0 0 (171,045)
Effect related to the increase of the participation in Usiminas $ 0 $ 0 $ (934,946)