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INSURANCE (Tables)
12 Months Ended
Dec. 31, 2017
INSURANCE  
Schedule of types of insurance

Type

 

Scope

 

2017

 

2016

 

Equity

 

Inventories and property, plant and equipment items are insured against fire, electrical damage, explosion, machine breakage and overflow (leakage of material in fusion state).

 

57,062,113

 

60,924,807

 

Business Interruption

 

Net income plus fixed expenses

 

6,464,512

 

8,354,147

 

Civil Liability

 

Industrial operations

 

535,896

 

527,974