EX-8.1 12 exhibit81.htm EXHIBIT 8.1

Table of Contents

List of Subsidiaries

|  | Direct and Indirect |  |  |  |
|  | Ownership interest |  |  |  |
|  | (%) |  | Main activities |  |
Companies |  | 2007 |  | 2008 |  |  |  |
Full consolidation |  |  |  |  |  |  |  |
CSN Energy |  | 100.00 |  | 100.00 |  | Holding Company |  | Luxemburg
CSN Export |  | 100.00 |  | 100.00 |  | Financial operations and trading |  | Luxemburg
CSN Islands VII |  | 100.00 |  | 100.00 |  | Financial operations |  | Grand Cayman/Cayman Islands
CSN Islands VIII |  | 100.00 |  | 100.00 |  | Financial operations |  | Grand Cayman/Cayman Islands
CSN Islands IX |  | 100.00 |  | 100.00 |  | Financial operations |  | Grand Cayman/Cayman Islands
CSN Islands X |  | 100.00 |  | 100.00 |  | Financial operations |  | Grand Cayman/Cayman Islands
CSN Islands XI (1) |  | 100.00 |  | 100.00 |  | Financial operations |  | Grand Cayman/Cayman Islands
CSN Overseas |  | 100.00 |  | 100.00 |  | Financial operations and holding company |  | Luxemburg
CSN Panama |  | 100.00 |  | 100.00 |  | Financial operations and holding company |  | Luxemburg
CSN Steel |  | 100.00 |  | 100.00 |  | Financial operations and holding company |  | Luxemburg
Sepetiba Tecon |  | 99.99 |  | 99.99 |  | Maritime port services |  | Itaguaí/RJ, Brazil
CSN I (2) |  | 99.99 |  | - |  | Holding company |  | Rio de Janeiro/RJ, Brazil
Estanho de Rondônia - ERSA |  | 99.99 |  | 99.99 |  | Mining |  | Ariquemes/RO, Brazil
Cia. Metalic Nordeste |  | 99.99 |  | 99.99 |  | Package production |  | Maracanaú/CE, Brazil
Indústria Nacional de Aços Laminados - INAL (2) |  | 99.99 |  | - |  | Steel products service center |  | Araucária/PR, Brazil
CSN Cimentos |  | 99.99 |  | 99.99 |  | Cement production |  | Volta Redonda/RJ, Brazil
Inal Nordeste |  | 99.99 |  | 99.99 |  | Steel products service center |  | Camaçari/BA, Brazil
CSN Energia |  | 100.00 |  | 100.00 |  | Trading of electricity |  | Rio de Janeiro/RJ, Brazil
Nacional Minérios |  | 99.99 |  | - |  | Mining and holding company |  | Congonhas/MG, Brazil
CSN Aceros |  | 100.00 |  | 100.00 |  | Holding company |  | Panama City/Panama
CSN Cayman |  | 100.00 |  | 100.00 |  | Financial operations and trading |  | Malta
CSN Iron |  | 100.00 |  | 100.00 |  | Financial operations |  | Panama City/Panama
Companhia Siderurgica Nacional LLC |  | 100.00 |  | 100.00 |  | Steel industry |  | Deleware/EUA
CSN Holdings Corp |  | 100.00 |  | 100.00 |  | Holding company |  | Deleware/EUA
Companhia Siderurgica Nacional Partner LLC |  | 100.00 |  | 100.00 |  | Holding company |  | Deleware/EUA
Energy I |  | 100.00 |  | 100.00 |  | Holding company |  | Malta
Tangua |  | 100.00 |  | 100.00 |  | Holding company |  | Panama City/Panama
CSN Madeira |  | 100.00 |  | 100.00 |  | Financial operations and holding company |  | Madeira Island/Portugal
Cinnabar |  | 100.00 |  | 100.00 |  | Financial operations and holding company |  | Madeira Island/Portugal
Hickory |  | 100.00 |  | 100.00 |  | Financial operations and trading |  | Madeira Island/Portugal
Lusosider Projectos Siderúrgicos |  | 100.00 |  | 100.00 |  | Holding company |  | Seixal/Portugal
Lusosider Aços Planos |  | 99.94 |  | 99.94 |  | Steel industry |  | Seixal/Portugal

#####

CSN Finance |  | 100.00 |  | 100.00 |  | Financial operations and holding company |  | London/England
CSN Holdings |  | 100.00 |  | 100.00 |  | Financial operations and holding company |  | London/England
Cia Metalúrgica Prada (Prada) |  | 99.99 |  | 99.99 |  | Package production |  | São Paulo/SP, Brazil
GalvaSud |  | 100.00 |  | 99.99 |  | Steel industry |  | Rio de Janeiro/RJ, Brazil
Pelotização Nacional (1) |  | 99.99 |  | - |  | Mining and holding company |  | Congonhas/MG, Brazil
Minas Pelotização (1) |  | 99.99 |  | 99.99 |  | Mining and holding company |  | Congonhas/MG, Brazil
CSN Aços Longos (1) |  | 99.99 |  | 99.99 |  | Steel and metal products industry and trading |  | Volta Redonda/RJ, Brazil
Nacional Siderurgia (1) |  | 99.99 |  | 99.99 |  | Steel industry |  | Congonhas/MG, Brazil
CSN Gestão de Recursos Financeiros (1) |  | 99.99 |  | 99.99 |  | Financial operations and holding company |  | São Paulo/SP, Brazil
Congonhas Minérios (1) |  | 99.99 |  | 99.99 |  | Mining and holding company |  | Congonhas/MG, Brazil
CSN Acquisitions (1) |  | 100.00 |  | 100.00 |  | Financial operations and holding company |  | London/England
Companhia de Fomento Mineral (1) (2) |  | 100.00 |  | - |  | Mining and holding company |  | Ouro Preto/MG, Brazil
MG Minérios (1) |  | 99.99 |  | - |  | Mining and holding company |  | Congonhas/MG, Brazil
Inversiones CSN Espanha S.L. (1) |  | 100.00 |  | - |  | Financial operations and holding company |  | Madrid/Spain
CSN Finance B.V. (Netherlands) (1) |  | 100.00 |  | 100.00 |  | Financial operations and holding company |  | Netherlands
International Investment Fund - IIF |  | 100.00 |  | 100.00 |  | Financial operations and holding company |  | Belize
Itamambuca |  | 99.93 |  | 99.93 |  | Mining and holding company |  | Arcos/MG, Brazil
Arame Corporation |  | 100.00 |  | 100.00 |  | Dormant company |  | Panama City/Panama
TdBB |  | 100.00 |  | 100.00 |  | Dormant company |  | Panama City/Panama
International Charitable Corporation |  | 100.00 |  | 100.00 |  | Dormant company |  | Panama City/Panama
Not consolidated |  |  |  |  |  |  |  |
Nacional Minérios |  | - |  | 59.99 |  | Mining and holding company |  | Congonhas/MG, Brazil
Pelotização Nacional (1) |  | - |  | 59.99 |  | Mining and holding company |  | Congonhas/MG, Brazil
MG Minérios (1) |  | - |  | 59.99 |  | Mining and holding company |  | Congonhas/MG, Brazil
NMSA Madeira Lda. (3) |  | - |  | 60.00 |  | Financial operations and trading |  | Madeira Island/Portugal
Inversiones CSN Espanha S.L. (1) |  | - |  | 60.00 |  | Financial operations and holding company |  | Madrid/Spain
Itá Energética |  | 48.75 |  | 48.75 |  | Electricity Generation |  | São Paulo/SP, Brazil
Transnordestina Logística (4) |  | 46.88 |  | 84.50 |  | Railroad transportation |  | Fortaleza/CE, Brazil
MRS Logística |  | 37.27 |  | 33.27 |  | Railroad transportation |  | Rio de Janeiro/RJ, Brazil
Exclusive investment funds consolidated |  |  |  |  |  |  |  |
Mugen – Fundo de Investimento Multimercado |  | 100.00 |  | 100.00 |  | Investment funds |  |
Diplic – Fundo de Investimento Multimercado |  | 100.00 |  | 100.00 |  | Investment funds |  |

(1) |  | Companies incorporated during 2007.
(2) |  | Companies merged during 2008.
(3) |  | Company incorporated during 2008.
(4) |  | Former Companhia Ferroviária do Nordeste (CFN).