EX-8.1 3 exhibit81.htm EXHIBIT 8.1

Table of Contents

List of Subsidiaries

|  | Direct and Indirect Ownership interest (%) |  | Main a ctivities |  | Jurisdiction
Companies |  | 2008 |  | 2009 |  |  |  |
Full consolidation |  |  |  |  |  |  |  |
CSN Energy S.à r.l. |  | 100.00 |  | 100.00 |  | Holding Company |  | Luxemburg
CSN Export S.à r.l. |  | 100.00 |  | 100.00 |  | Financial operations, trading and holding company |  | Luxemburg
CSN Islands VII Corp. |  | 100.00 |  | 100.00 |  | Financial operations |  | Grand Cayman /Cayman Islands
CSN Islands VIII Corp. |  | 100.00 |  | 100.00 |  | Financial operations |  | Grand Cayman /Cayman Islands
CSN Islands IX Corp. |  | 100.00 |  | 100.00 |  | Financial operations |  | Grand Cayman /Cayman Islands
CSN Islands X Corp. |  | 100.00 |  | 100.00 |  | Financial operations |  | Grand Cayman /Cayman Islands
CSN Islands XI Corp. |  | 100.00 |  | 100.00 |  | Financial operations |  | Grand Cayman /Cayman Islands
CSN Islands XII Corp. (2) |  | - |  | 100.00 |  | Financial operations |  | Grand Cayman /Cayman Islands
CSN Overseas S.à r.l. |  | 100.00 |  | 100.00 |  | Financial operations and holding company |  | Luxemburg
CSN Panama S.à r.l. |  | 100.00 |  | 100.00 |  | Financial operations and holding company |  | Luxemburg
CSN Steel S.à r.l. |  | 100.00 |  | 100.00 |  | Financial operations and holding company |  | Luxemburg
Sepetiba Tecon S.A. |  | 99.99 |  | 99.99 |  | Maritime port services |  | Itaguaí/RJ
Estanho de Rondônia S.A.- ERSA |  | 99.99 |  | 99.99 |  | Mining |  | Ariquemes/RO
Cia. Metalic Nordeste |  | 99.99 |  | 99.99 |  | Package production |  | Maracanaú/CE
CSN Cimentos S.A. |  | 99.99 |  | 99.99 |  | Cement production |  | Volta Redonda/RJ
Inal Nordeste S.A. - INOR |  | 99.99 |  | 99.99 |  | Steel products service center |  | Camaçari/BA
CSN Energia S.A. |  | 100.00 |  | 100.00 |  | Trading of electricity |  | Rio de Janeiro/RJ
CSN Aceros S.A. |  | 100.00 |  | 100.00 |  | Holding company |  | Panama City/Panama
CSN Cayman Ltd. |  | 100.00 |  | 100.00 |  | Financial operations, trading and holding company |  | Malta
CSN Iron S.A. |  | 100.00 |  | 100.00 |  | Financial operations |  | Panama City/ Panama
CSN LLC |  | 100.00 |  | 100.00 |  | Steel industry |  | Delaware/EUA
CSN LLC Holdings Corp (1) |  | 100.00 |  | - |  | Holding company |  | Delaware/EUA
CSN Partner LLC (1) |  | 100.00 |  | - |  | Holding company |  | Delaware/EUA
Energy I Corp. Ltd. |  | 100.00 |  | 100.00 |  | Holding company |  | Malta
Tangua Inc. |  | 100.00 |  | 100.00 |  | Financial operations |  | Panama City/Panama
CSN Madeira Ltd. |  | 100.00 |  | 100.00 |  | Financial operations, trading and holding company |  | Madeira Island/Portugal
Cinnabar Com. de Prod. Siderúrgicos Ltd. (1) |  | 100.00 |  | - |  | Financial operations and holding company |  | Madeira Island/Portugal
Hickory Com. Intern. Serv.Ltd |  | 100.00 |  | 100.00 |  | Financial operations and trading |  | Madeira Island/Portugal
Lusosider Projectos Siderúrgicos S.A. |  | 100.00 |  | 100.00 |  | Holding comp any |  | Seixal/Portugal
Lusosider Aços Planos S.A. |  | 99.94 |  | 99.94 |  | Steel industry and holding company |  | Seixal/Portugal
CSN Finance Ltd. |  | 100.00 |  | 100.00 |  | Financial operations and holding company |  | London/England
CSN Holdings Ltd. |  | 100.00 |  | 100.00 |  | Financial operations and holding company |  | London/England
Cia. Metalúrgica Prada - Prada |  | 99.99 |  | 99.99 |  | Package production |  | São Paulo/SP
GalvaSud S.A. |  | 99.99 |  | 99.99 |  | Steel industry |  | Rio de Janeiro/RJ
Mineração Nacional S.A. (3) |  | 99.99 |  | 99.99 |  | Mining and holding company |  | Congonhas/MG
CSN Aços Longos S.A. |  | 99.99 |  | 99.99 |  | Steel and metal products industry and trading |  | Volta Redonda/RJ
Itaguaí Logística S.A. (4) |  | 99.99 |  | 99.99 |  | Logistics |  | Congonhas/MG
CSN Gestão de Recursos Financeiros Ltda |  | 99.99 |  | 99.99 |  | Dormant Company |  | São Paulo/SP
Congonhas Minérios S.A. |  | 99.99 |  | 99.99 |  | Mining and holding company |  | Congonhas /MG
CSN Acquisitions Ltd. |  | 100.00 |  | 100.00 |  | Financial operations and holding company |  | London/England
CSN Finance B.V. (7) |  | 100.00 |  | - |  | Financial operations and holding company |  | Netherlands
International Investment Fund - IIF |  | 100.00 |  | 100.00 |  | Financial operations and holding company |  | Belize
Itamambuca Participações S.A. |  | 99.93 |  | 99.99 |  | Mining and holding company |  | Arcos/MG
Arame Corporation (7) |  | 100.00 |  | - |  | Dormant company |  | Panama City/Panama
TdBB S.A. |  | 100.00 |  | 100.00 |  | Dormant company |  | Panama City/Panama
International Charitable Corporation (7) |  | 100.00 |  | - |  | Dormant company |  | Panama City/Panama
Transnordestina Logística S.A. |  | - |  | 84.34 |  | Railroad transportation |  | Fortaleza/CE
CSN Cement S.à r.l.(2) |  | - |  | 100.00 |  | Financial operations and holding company |  | Luxemburg
CSN Ibéria Lda. (2) |  | - |  | 100.00 |  | Financial operations and holding company |  | Madeira Island/Portugal
Sociedade em Conta de Participação – SCP |  | 100.00 |  | 100.00 |  | Holding company |  | Rio de Janeiro/RJ
Not consolidated |  |  |  |  |  |  |  |
Nacional Minérios S.A. - Namisa |  | 59.99 |  | 59.99 |  | Mining and holding company |  | Congonhas/MG
Pelotização Nacional |  | 59.99 |  | 59.99 |  | Mining and holding company |  | Congonhas/MG
MG Minérios S.A. |  | 59.99 |  | 59.99 |  | Mining and holding company |  | Congonhas/MG
Namisa Europe Lda (6) |  | 60.00 |  | 60.00 |  | Financial operations, trading and holding company |  | Madeira Island/Portugal
Namisa Internacional Minérios SLU (5) |  | 60.00 |  | 60.00 |  | Financial operations, trading and holding company |  | Madrid, Spain
Itá Energética S.A. - Itasa |  | 48.75 |  | 48.75 |  | Electricity Generation |  | São Paulo/SP
Transnordestina Logística S.A. |  | 84.50 |  |  |  | Railroad transportation | - | Fortaleza/CE
MRS Logística S.A - MRS |  | 33.27 |  | 33.27 |  | Railroad transportation |  | Rio de Janeiro/RJ
Riversdale Mining Ltd. (2) |  | - |  | 14.99 |  | Mining |  | Australia
Aceros Del Orinoco S.A. |  | 31.81 |  | 31.81 |  | Dormant Company |  | Panama City/Panama
Consórcio da Usina Hidrelétrica de Igarapava |  | 17.92 |  | 17.92 |  | Electricity Consortium |  | Belo Horizonte/MG
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 merged during 2009.
(2) Company incorporated during 2009.
(3) Former Minas Pelotização

(4) Former Nacional Siderurgia

(5) Former Inversiones CSN Espanha

(6) Former NMSA Madeira

(7) Companies dissolved during 2009.