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<SEC-DOCUMENT>0001292814-08-000155.txt : 20080123
<SEC-HEADER>0001292814-08-000155.hdr.sgml : 20080123
<ACCEPTANCE-DATETIME>20080123102315
ACCESSION NUMBER:		0001292814-08-000155
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20080331
FILED AS OF DATE:		20080123
DATE AS OF CHANGE:		20080123

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NATIONAL STEEL CO
		CENTRAL INDEX KEY:			0001049659
		STANDARD INDUSTRIAL CLASSIFICATION:	STEEL WORKS, BLAST FURNACES & ROLLING & FINISHING MILLS [3310]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14732
		FILM NUMBER:		08543660

	BUSINESS ADDRESS:	
		STREET 1:		RUA LAURO MULLER
		STREET 2:		116 36 ANDAR
		CITY:			RIO DE JANEIRO RJ BR
		STATE:			D5
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>sid20080123_6k1.htm
<DESCRIPTION>MINUTES OF THE EXTRAORDINARY SHAREHOLDERS MEETING
<TEXT>




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<HR SIZE="4" NOSHADE COLOR="#000000" ALIGN="left">
<DIV><FONT SIZE="1">&nbsp;</FONT></DIV>
<DIV ALIGN="center"><FONT FACE="Times New Roman" SIZE="5" COLOR="#000000"><B>SECURITIES AND EXCHANGE COMMISSION </B></FONT></DIV>
<DIV ALIGN="center"><FONT FACE="Times New Roman" SIZE="3" COLOR="#000000"><B>Washington, D.C. 20549 </B></FONT></DIV>
<DIV><FONT SIZE="1">&nbsp;</FONT></DIV>
<HR align=center NOSHADE WIDTH="21%" COLOR="#000000">
<DIV><FONT SIZE="1">&nbsp;</FONT></DIV>
<DIV ALIGN="center"><FONT FACE="Times New Roman" SIZE="5" COLOR="#000000"><B>FORM 6-K </B></FONT></DIV>
<DIV><FONT
SIZE="1">&nbsp;</FONT></DIV
><DIV ALIGN="center"><FONT FACE="Times New Roman" SIZE="3"
COLOR="#000000">Report of Foreign Private Issuer<BR>
  Pursuant to Rule 13a-16 or 15d-16 of the</FONT></DIV>
<DIV
ALIGN="center"><FONT FACE="Times New Roman" SIZE="3" COLOR="#000000">Securities Exchange Act of 1934</FONT></DIV>
<DIV><FONT SIZE="1">&nbsp;</FONT></DIV>
<DIV ALIGN="center">
  <div><FONT FACE="Times New Roman" SIZE="3" COLOR="#000000"><B> For the month of January, 2008</B></FONT></DIV>
  <p></p>
  <FONT FACE="Times New Roman" SIZE="3" COLOR="#000000"><B> Commission File Number 1-14732 </B></FONT></DIV>
<DIV><FONT SIZE="1">&nbsp;</FONT></DIV>
<HR align=center NOSHADE WIDTH="21%" COLOR="#000000">
<DIV><FONT
SIZE="1">&nbsp;</FONT></DIV>
<DIV ALIGN="center"><FONT FACE="Times New Roman" SIZE="5" COLOR="#000000"><B> COMPANHIA SIDER&#218;RGICA NACIONAL </B></FONT></DIV>
<DIV ALIGN="center"><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000">(Exact name of registrant as specified in its charter) </FONT></DIV>
<DIV><FONT SIZE="1">&nbsp;</FONT></DIV>
<DIV ALIGN="center"> </DIV>
<P></P>
<DIV ALIGN="center"><FONT FACE="Times New Roman" SIZE="5" COLOR="#000000"><B> National Steel Company </B></FONT></DIV>
<DIV ALIGN="center"><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000">(Translation of Registrant's name into English)</FONT></DIV>
<DIV><FONT SIZE="1">&nbsp;</FONT></DIV>
<P></P>
<DIV ALIGN="center"><FONT FACE="Times New Roman" SIZE="3" COLOR="#000000"><B> Av. Brigadeiro Faria Lima 3400, 20&#186; andar<BR>
  S&#227;o Paulo, SP, Brazil<BR>
  04538-132 </B></FONT></DIV>
<DIV ALIGN="center"><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000">(Address of principal executive office)</FONT></DIV>
<DIV><FONT SIZE="1">&nbsp;</FONT></DIV>
<P>
<DIV ALIGN="center"><FONT FACE="Times New Roman" SIZE="3" COLOR="#000000"> Indicate by check mark whether the registrant files or will file annual reports<BR>
  under cover Form 20-F or Form 40-F.&nbsp;</FONT>
    <P></P>
    Form 20-F ___X___ Form 40-F _______
    <P>&nbsp;<FONT FACE="Times New Roman, Times, Serif" SIZE=3>Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. </FONT>&nbsp;</P>
    Yes _______ No ___X____
    <p></p>
    <hr size="2" noshade color="#000000" align="left">
</DIV>
<H5 align="left" style="page-break-before:always"></H5>
<A name="page_1"></A>
<p><b><IMG src="logocsn.gif" width="236" height="99" border=0>
  <BR>
</b></p>
<P align="center">
  <b> <font size="2">COMPANHIA SIDER&#218;RGICA NACIONAL</font><br>
</b>Publicly-Held Company<br>
Corporate Taxpayer's ID (CNPJ/MF): 33.042.730/0001-04 <br>
Corporate Registry (NIRE): 3330001159-5</P>
<P align="center">
  <font size="2"><b> MINUTES OF THE EXTRAORDINARY SHAREHOLDERS MEETING OF COMPANHIA SIDER&#218;RGICA NACIONAL HELD ON JANUARY 22, 2008 AND DRAWN UP IN THE SUMMARY FORMAT</b></font></P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
<TR>
	<TD nowrap valign=top>
      <div align="justify"><b>1.&nbsp; &nbsp; &nbsp; 	</b></div></TD>
	<TD width=100% valign="top">
      <div align="justify"><b>Date, time and place:</b> Extraordinary Shareholders' Meeting held on January 22, 2008, at 11:00 am, at the Company's headquarters, at Rua S&#227;o Jos&#233;, 20, grupo 1602, parte, Centro, in the city of Rio de Janeiro, state of Rio de
    Janeiro. </div></TD>
</TR>
<TR><TD colspan=2 valign="top"><div align="justify">&nbsp;&nbsp;</div></TD></TR><TR>
	<TD nowrap valign=top>
      <div align="justify"><b>2.&nbsp; &nbsp; &nbsp; 	</b></div></TD>
	<TD width=100% valign="top">
      <div align="justify"><b>Call:</b> Call published on January 14, 15 and 16, 2008 in the Official Gazette of the state of Rio de Janeiro on pages 5, 5 and 7, respectively, in Gazeta Mercantil newspaper, on pages A9, A5 and A9, respectively and in Jornal do Commercio of
    the state of Rio de Janeiro, on pages A14, A12 and A14, respectively, which shall be filed at the Company's headquarters.	</div></TD>
</TR>
<TR><TD colspan=2 valign="top"><div align="justify">&nbsp;&nbsp;</div></TD></TR><TR>
	<TD nowrap valign=top>
      <div align="justify"><b>3.&nbsp; &nbsp; &nbsp; 	</b></div></TD>
	<TD width=100% valign="top">
      <div align="justify"><b>Attendances:</b> Shareholders representing 53.30% of the voting capital, as evidenced by the signatures on Shareholders Attendance Book, as well as the representative of Experience Gest&#227;o Empresarial, Mr. Caio M&#225;rcio Martins de
    Ara&#250;jo, and the Company's Investor Relations Officer, Mr. Jos&#233; Marcos Treiger. </div></TD>
</TR>
<TR><TD colspan=2 valign="top"><div align="justify">&nbsp;&nbsp;</div></TD></TR><TR>
	<TD nowrap valign=top>
      <div align="justify"><b>4.&nbsp; &nbsp; &nbsp; 	</b></div></TD>
	<TD width=100% valign="top">
      <div align="justify"><b>Presiding Board:</b> Board Member Ant&#244;nio Francisco dos Santos chaired the meeting and invited Ms. Claudia Maria Sarti to be his secretary. </div></TD>
</TR>
<TR><TD colspan=2 valign="top"><div align="justify">&nbsp;&nbsp;</div></TD></TR><TR>
	<TD nowrap valign=top>
      <div align="justify"><b>5.&nbsp; &nbsp; &nbsp; 	</b></div></TD>
	<TD width=100% valign="top">
      <div align="justify"><b>Agenda:</b> (i) cancellation of 4,000,000 shares currently held in treasury, with no capital reduction; (ii) approval of a Company's forward stock split , pursuant to which each existing share of capital stock of the Company will be
        represented by 3 shares; (iii) amendment to Article 5 and the heading of Article 7 of the Company's Bylaws to conform to the share cancellation and forward stock split mentioned in items (i) and (ii) above; and (iv) ratification, pursuant to Article
    256, subitem 1 of Law 6,404/76, of the acquisition of Companhia de Fomento Mineral e Participa&#231;&#245;es Ltda. </div></TD>
</TR>
<TR><TD colspan=2 valign="top"><div align="justify">&nbsp;&nbsp;</div></TD></TR><TR>
	<TD nowrap valign=top>
      <div align="justify"><b>6.&nbsp; &nbsp; &nbsp; 	</b></div></TD>
	<TD width=100% valign="top">
      <div align="justify"><b>Resolutions:</b> by shareholders representing 53.30% of the voting capital stock of the Company, the following resolutions were taken:	</div></TD>
</TR>
<TR><TD colspan=2 valign="top"><div align="justify">&nbsp;&nbsp;</div></TD></TR><TR>
	<TD nowrap valign=top>
      <div align="justify"><b>6.1.&nbsp; &nbsp; &nbsp; 	</b></div></TD>
	<TD width=100% valign="top">
      <div align="justify">Authorize these minutes to be drawn up in the summary format and their publication is made by omitting the signatures of attending shareholders, as authorized by paragraphs 1 and 2 of article 130 of Law 6,404, respectively, as of November 15,
    1976 ("Law 6,404/76"). </div></TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR></TABLE>
<P>&nbsp;  </P>
<P>&nbsp;</P>
<div><font size="1"><b>Companhia Sider&#250;rgica Nacional</b></font></div>
<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">

<H5 align="left" style="page-break-before:always"></H5>
<p><b><A name="page_2"></A>

</b></p>
<p><b><IMG src="logocsn.gif" width="236" height="99" border=0>
  <BR>
  </b>
</p>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
<TR>
	<TD nowrap valign=top>
      <div align="justify"><b>6.2.&nbsp; &nbsp; &nbsp; 	</b></div></TD>
	<TD width=100% valign="top">
      <div align="justify">Copies of the publications of the Call Notice, Proposal of cancellation and forward stock split and of documents related to the acquisition of Companhia de Fomento Mineral e Participa&#231;&#245;es - CFM were availabe at the meeting. The reading
    of said documents was unanimously waived by the attending shareholders, because the contents thereof were already known by all. </div></TD>
</TR>
<TR><TD colspan=2 valign="top"><div align="justify">&nbsp;&nbsp;</div></TD></TR><TR>
	<TD nowrap valign=top>
      <div align="justify"><b>6.3.&nbsp; &nbsp; &nbsp; 	</b></div></TD>
	<TD width=100% valign="top">
      <div align="justify">The cancellation of 4,000,000 shares currently held in treasury was unanimously approved by the attending shareholders, pursuant to Article 30, subitem 1, paragraph &#147;b&#148; of Law 6,404/76, with no reduction of the Company's capital stock.
        As a consequence of the cancellation of shares herein approved, it is herein ratified the Company's Board of Directors resolution of December 21, 2007 that authorized the Company to acquire its own outstanding shares to be held in treasury for
    subsequent disposal or cancellation. Such Board resolution was conditioned upon the approval herein taken of the cancellation of the 4,000,000 shares currently held in treasury by the Extraordinary Shareholders' Meeting. </div></TD>
</TR>
<TR><TD colspan=2 valign="top"><div align="justify">&nbsp;&nbsp;</div></TD></TR><TR>
	<TD nowrap valign=top>
      <div align="justify"><b>6.4.&nbsp; &nbsp; &nbsp; 	</b></div></TD>
	<TD width=100% valign="top">
      <div align="justify">The Company's forward stock split was approved by the majority of attending shareholders, with contrary votes filed at the Company's headquarters. As a result of the forward stock split herein approved, each existing share of capital stock of the
    Company will be represented by 3 shares after the split.	</div></TD>
</TR>
<TR>
<TD valign="top"><div align="justify"></div></TD>	<TD width=100% valign="top">
  <div align="justify">The maintenance of the share/ADR (American Depositary Receipt) ratio at 1/1 was also approved, so that each ADR will continue to be represented by one share. Shares resulting from the approved forward stock split will be of the same type and
    confer the same rights on their holders as the existing shares. The Executive Board is authorized to take all necessary measures jointly with the custodian, Ita&#250; Corretora de Valores S.A., so as to automatically credit the new shares to the
    accounts of the Company's shareholders, as well as jointly to the depositary institution for the ADRs, JP Morgan Chase Bank, so as to take the measures to issue the new ADRs and their distribution. </div></TD>
</TR>
<TR><TD colspan=2 valign="top"><div align="justify">&nbsp;&nbsp;</div></TD></TR><TR>
	<TD nowrap valign=top>
      <div align="justify"><b>6.5.&nbsp; &nbsp; &nbsp; 	</b></div></TD>
	<TD width=100% valign="top">
      <div align="justify">Due to the cancellation of the shares and the forward stock split approved herein, the amendment to Article 5 and the heading of Article 7 of the Company's Bylaws was approved by the majority of attending shareholders, with contrary votes filed
    at the Company's headquarters, and they shall become effective with the following wording, so as to reflect the new composition of capital stock:	</div></TD>
</TR>
<TR><TD colspan=2 valign="top"><div align="justify">&nbsp;&nbsp;</div></TD></TR><TR>
<TD valign="top"><div align="justify"></div></TD>	<TD width=100% valign="top">
  <div align="justify"><I><b>&#147;Article 5 -</b> The Company's capital stock, entirely subscribed and paid in, comprises R&#36;1,680,947,363.71 (one billion, six hundred and eighty million, nine hundred and forty-seven thousand, three hundred and
    sixty-three Reais and seventy-one centavos), divided into 804,203,838 (eight hundred and four million, two hundred and three thousand, eight hundred and thirty-eight) common and book-entry shares with no par value.&#148;. Sole Paragraph - Each
    common share confers the right to 1 (one) vote at the General Shareholders' Meeting.&#148; <br>
    &nbsp;&nbsp;<br>
  <b>&#147;Article 7 -</b> The Company's capital stock may be increased to 1,200,000,000 (one billion and two hundred million)
    shares.&#148;</I> </div></TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR></TABLE>
<p>&nbsp;</p>
<p>&nbsp;</p>
<div>
  <font size="1"><b>Companhia Sider&#250;rgica Nacional</b></font></div>

<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left">

<H5 align="left" style="page-break-before:always"></H5>
<p><b><A name="page_3"></A></b></p>
<p><b><IMG src="logocsn.gif" width="236" height="99" border=0>
  <BR>
  </b>
</p>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0 style="font-family: 'Times New Roman, Times, Serif'; font-size:11px">
<TR>
	<TD nowrap valign=top>
      <b>6.6.&nbsp; &nbsp; &nbsp; 	</b></TD>
	<TD width=100%>
      Approval, by majority of attending shareholders, of the ratification, pursuant to Article 256, subitem 1 of Law 6,404/76, of the acquisition of the control of Cia. de Fomento Mineral e Participa&#231;&#245;es Ltda. - CFM (&#147;CFM&#148;), with
contrary votes filed at the Company's headquarters. </TD>
</TR>
<TR><TD colspan=2>&nbsp;&nbsp;&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
      <b>7.&nbsp; &nbsp; &nbsp; 	</b></TD>
	<TD width=100%>
      <b>Closure:</b> Having nothing else to be discussed, the meeting was adjourned for the time necessary to draw up these Minutes, which were read, found in compliance and signed by the Chairman of the Presiding Board, by the Secretary and by all
attending shareholders.	</TD>
</TR>
<TR><TD colspan=2>&nbsp;&nbsp;&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
      <b>8.&nbsp; &nbsp; &nbsp; 	</b></TD>
	<TD width=100%>
      <b>Documents Filed:</b> The Call Notice of the Extraordinary Shareholders' Meeting and the Appraisal Report are filed at the Company's headquarters.	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR></TABLE>
<P align="center">
Rio de Janeiro, January 22, 2008.</P>
<P align="center">
I certify this is an English free translation of the Minutes drawn up in the Company's records.<br>
</P>
<P align="center">
  ___________________________<BR>
Claudia Maria Sarti<br>
Secretary</P>
<P align="center">&nbsp;</P>
<P align="center">&nbsp;</P>
<div>
  <font size="1"><b>Companhia Sider&#250;rgica Nacional</b></font></div>

<H5 align="left" style="page-break-before:always"></H5>
<hr size="2" noshade color="#000000" align="left">
<p><FONT SIZE="1">&nbsp;</FONT></p>
<DIV ALIGN="center"><FONT FACE="Times New Roman" SIZE="3" COLOR="#000000"><B>SIGNATURE </B></FONT></DIV>
<DIV><FONT SIZE="1">&nbsp;</FONT></DIV>
<DIV><FONT SIZE="1">&nbsp;</FONT></DIV>
<DIV STYLE="text-indent:4%"><FONT FACE="Times New Roman" SIZE="3"COLOR="#000000">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. </FONT></DIV>
<p></p>
<DIV STYLE="text-indent:4%"><FONT FACE="Times New Roman" SIZE="3" COLOR="#000000"> Date: January 23, 2008</FONT></DIV>
<p></p>
<DIV><FONT SIZE="1">&nbsp;</FONT></DIV>
<DIV ALIGN="center">
  <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="50%" BORDER="0">
    <TR>
      <TD VALIGN="top" COLSPAN="3" WIDTH="50%"><DIV align=left><FONT FACE="Times New Roman" SIZE="3" COLOR="#000000"> COMPANHIA SIDER&#218;RGICA NACIONAL </FONT></DIV></TD>
    </TR>
    <TR>
      <TD HEIGHT="16"></TD>
    </TR>
    <TR>
      <TD VALIGN="top" WIDTH="5%"><DIV align=left><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000">By:</FONT></DIV></TD>
      <TD VALIGN="bottom" ALIGN="center" WIDTH="43%"><DIV ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2" COLOR="#000000">/<SMALL>S</SMALL>/&nbsp;Benjamin Steinbruch </FONT></DIV>
          <HR NOSHADE SIZE=1 COLOR="#000000" ALIGN="left"></TD>
    </TR>
    <TR>
      <TD><FONT SIZE="1">&nbsp;</FONT></TD>
      <TD VALIGN="bottom" ALIGN="center" WIDTH="43%"><DIV ALIGN=left><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000"><B> Benjamin Steinbruch
 </B></FONT></DIV>
          <DIV ALIGN=left><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000"><B> Chief Executive Officer
<br>
          <br>
        </B></FONT></DIV></TD>
    </TR>
  </TABLE>
</DIV>
<DIV><FONT SIZE="1">&nbsp;</FONT></DIV>
<P>&nbsp;</P>
<DIV><FONT SIZE="1">&nbsp;</FONT></DIV>
<DIV ALIGN="center">
  <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="50%" BORDER="0">
    <TR>
      <TD VALIGN="top" COLSPAN="3" WIDTH="50%"><DIV align=left></DIV></TD>
    </TR>
    <TR>
      <TD HEIGHT="16"></TD>
    </TR>
    <TR>
      <TD VALIGN="top" WIDTH="5%"><DIV align=left><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000">By:</FONT></DIV></TD>
      <TD VALIGN="bottom" ALIGN="center" WIDTH="43%"><DIV ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2" COLOR="#000000">/<SMALL>S</SMALL>/&nbsp;Ot&#225;vio de Garcia Lazcano </FONT></DIV>
          <HR NOSHADE SIZE=1 COLOR="#000000" ALIGN="left"></TD>
    </TR>
    <TR>
      <TD><FONT SIZE="1">&nbsp;</FONT></TD>
      <TD VALIGN="bottom" ALIGN="center" WIDTH="43%"><DIV ALIGN=left><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000"><B> Ot&#225;vio de Garcia Lazcano
 </B></FONT></DIV>
          <DIV ALIGN=left><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000"><B> Chief Financial Officer<br>
          <br>
        </B></FONT></DIV></TD>
    </TR>
  </TABLE>
</DIV>
<DIV><FONT SIZE="1">&nbsp;</FONT></DIV>
<P>&nbsp;</P>
<DIV><FONT SIZE="1">&nbsp;</FONT></DIV>
<DIV ALIGN="center"><FONT FACE="Times New Roman" SIZE="3"
COLOR="#000000"><B>FORWARD-LOOKING STATEMENTS </B></FONT></DIV>
<P align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=2> This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or


















 results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations. </FONT></P>
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