-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 EgnoJYJ9+BvmQgl2skFCPRUJsEGmZjRCct/+JT9ZsxGbBMKjZeABkNhW5BcKDtkE
 8OGT6WrzqXRt68DCrK/adA==

<SEC-DOCUMENT>0001292814-10-002927.txt : 20100917
<SEC-HEADER>0001292814-10-002927.hdr.sgml : 20100917
<ACCEPTANCE-DATETIME>20100916192221
ACCESSION NUMBER:		0001292814-10-002927
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20100930
FILED AS OF DATE:		20100917
DATE AS OF CHANGE:		20100916

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:		101077016

	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>sid20100916_6k.htm
<DESCRIPTION>CSN ISSUES US$1 BILLION IN PERPETUAL BONDS
<TEXT>

<HTML>
<HEAD>
   <TITLE>sid20100916_6k.htm - Provided by MZ Technologies</TITLE>
</HEAD>

<BODY bgcolor="#ffffff" style="font-family: 'Times New Roman';font-size: 9pt;">


<HR align=left color=#000000 noShade SIZE=4>
<DIV><FONT size=1></FONT>&nbsp;</DIV>
<DIV align=center><FONT face="Times New Roman" color=#000000 size=5><B>SECURITIES AND EXCHANGE COMMISSION </B></FONT></DIV>
<DIV align=center><FONT face="Times New Roman" color=#000000 size=3><B>Washington, D.C. 20549 </B></FONT></DIV>
<DIV><FONT size=1></FONT>&nbsp;</DIV>
<HR align=center width="21%" color=#000000 noShade>
<DIV><FONT size=1></FONT>&nbsp;</DIV>
<DIV align=center><FONT face="Times New Roman" color=#000000 size=5><B>FORM 6-K </B></FONT></DIV>
<DIV><FONT size=1></FONT>&nbsp;</DIV>
<DIV align=center><FONT face="Times New Roman" color=#000000 size=3>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" color=#000000 size=3>Securities Exchange Act of 1934</FONT></DIV>
<DIV><FONT size=1></FONT>&nbsp;</DIV>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<DIV align=center>
<DIV><FONT face="Times New Roman" color=#000000 size=3><B>For the month of September, 2010</B></FONT></DIV>
<P></P>
<FONT face="Times New Roman" color=#000000 size=3><B>Commission File Number 1-14732 </B></FONT></DIV>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<DIV><FONT size=1></FONT>&nbsp;</DIV>
<HR align=center width="21%" color=#000000 noShade>
<DIV><FONT size=1></FONT>&nbsp;</DIV>
<DIV align=center><FONT face="Times New Roman" color=#000000 size=5><B>COMPANHIA SIDER&#218;RGICA NACIONAL </B></FONT></DIV>
<DIV align=center><FONT face="Times New Roman" color=#000000 size=2>(Exact name of registrant as specified in its charter) </FONT></DIV>
<DIV><FONT size=1></FONT>&nbsp;</DIV>
<DIV align=center></DIV>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<DIV align=center><FONT face="Times New Roman" color=#000000 size=5><B>National Steel Company </B></FONT></DIV>
<DIV align=center><FONT face="Times New Roman" color=#000000 size=2>(Translation of Registrant's name into English)</FONT></DIV>
<DIV><FONT size=1></FONT>&nbsp;</DIV>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<DIV align=center><FONT face="Times New Roman" color=#000000 size=3><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" color=#000000 size=2>(Address of principal executive office)</FONT></DIV>
<DIV><FONT size=1></FONT>&nbsp;</DIV>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<DIV align=center><FONT face="Times New Roman" color=#000000 size=3>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>
</DIV>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<HR align=left color=#000000 noShade SIZE=2>
<H5 style="PAGE-BREAK-BEFORE: always" align=left>&nbsp;</H5>
<A name="page_1"></A>
<a name="_bclPageBorder1"></a><DIV style="PADDING-RIGHT: 0%; PADDING-LEFT: 0%; WIDTH: 100%">
<a name="_bclHeader1"></a><DIV>
<P style="MARGIN: 0in 0in 0pt"><FONT lang=PT-BR style="FONT-SIZE: 10pt" face="Times New Roman,serif"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt"><FONT lang=PT-BR style="FONT-SIZE: 10pt" face="Times New Roman,serif"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt"><FONT lang=PT-BR style="FONT-SIZE: 10pt" face="Times New Roman,serif"></FONT>&nbsp;</P>
</DIV>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center"><B><FONT lang=EN-US style="FONT-SIZE: 12pt; LINE-HEIGHT: 15pt" face="Times New Roman,serif">Companhia Sider&#250;rgica Nacional</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center"><FONT lang=EN-US style="FONT-WEIGHT: normal; FONT-SIZE: 12pt; LINE-HEIGHT: 15pt" face="Times New Roman,serif">Publicly Held Company</FONT></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center"><FONT lang=EN-US style="FONT-WEIGHT: normal; FONT-SIZE: 12pt; LINE-HEIGHT: 15pt" face="Times New Roman,serif">Corporate Taxpayer ID (CNPJ/MF) 33.042.730/0001-04</FONT></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center"><FONT lang=EN-US style="FONT-WEIGHT: normal; FONT-SIZE: 12pt; LINE-HEIGHT: 15pt" face="Times New Roman,serif">Company Registry (NIRE) 3330001159-5</FONT></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center"><B><FONT lang=EN-US style="FONT-SIZE: 12pt; LINE-HEIGHT: 150%" face="Times New Roman,serif"></FONT></B>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center"><B><FONT lang=EN-US style="FONT-SIZE: 12pt; LINE-HEIGHT: 150%" face="Times New Roman,serif"></FONT></B>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align=center><B><FONT lang=EN-US style="FONT-SIZE: 12pt; LINE-HEIGHT: 150%" face="Times New Roman,serif">CSN issues US$1 billion in perpetual bonds</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black></FONT>&nbsp;</P>
<P style="MARGIN: 6pt 0in; TEXT-INDENT: 35.45pt; TEXT-ALIGN: justify"><FONT style="FONT-VARIANT: small-caps"><FONT lang=EN-US style="FONT-SIZE: 12pt; LINE-HEIGHT: 150%" face="Times New Roman,serif">Companhia Sider&#250;rgica Nacional</FONT></FONT><FONT lang=EN-US style="FONT-SIZE: 12pt; LINE-HEIGHT: 150%" face="Times New Roman,serif"> (CSN) announces that it priced today an issuance, through its wholly-owned subsidiary </FONT><I><FONT lang=EN-US style="FONT-SIZE: 12pt; LINE-HEIGHT: 150%" face="Times New Roman,serif">CSN Islands XII Corp.</FONT></I><FONT lang=EN-US style="FONT-SIZE: 12pt; LINE-HEIGHT: 150%" face="Times New Roman,serif">, of perpetual bonds totaling US$1&nbsp;billion (&#147;Bonds&#146;), &nbsp;at a rate of 7.00 % p.a., according to the U.S. Rule 144A and Regulation S of the United States of America. The Bonds will be guaranteed by CSN and funds raised with the issuance will be used to redeem the perpetual bonds issued in 2005, through its wholly-owned subsidiary </FONT><I><FONT lang=EN-US styl
e="FONT-SIZE: 12pt; LINE-HEIGHT: 150%" face="Times New Roman,serif">CSN Islands X Corp.</FONT></I><FONT lang=EN-US style="FONT-SIZE: 12pt; LINE-HEIGHT: 150%" face="Times New Roman,serif">, also guaranteed by CSN, at a rate of 9.50% p.a. and principal amount of US$750 million, as well as to general corporate purposes. </FONT></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black></FONT>&nbsp;</P>
<P style="MARGIN: 6pt 0in; TEXT-INDENT: 35.45pt; TEXT-ALIGN: justify"><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 150%" face="Times New Roman">Bonds were not and will not be registered according to the U.S. Securities Act of 1933 and cannot be offered or sold in the United States of America. Therefore, bonds will not be registered with the U.S. Securities and Exchange Commission or any other capital-market regulatory agency or body in any other country; and thus, bonds cannot be offered or sold in the U.S. without an applicable registration exemption. Once the bonds will not be offered or placed in Brazil, they will also not be registered with the Brazilian Securities and Exchange Commission (CVM). This notice does not constitute an offer for the sale or bid for any securities.</FONT></I></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify">&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align=center><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align=center><FONT lang=PT-BR style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=windowtext>Rio de Janeiro, September 16, 2010</FONT></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align=center><FONT lang=PT-BR style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align=center><FONT lang=PT-BR style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align=center><FONT lang=PT-BR style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align=center><B><FONT lang=PT-BR style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=windowtext>Companhia Sider&#250;rgica Nacional</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align=center><FONT lang=PT-BR style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=windowtext>Paulo Penido Pinto Marques</FONT></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center"><FONT lang=PT-BR style="FONT-WEIGHT: normal; FONT-SIZE: 12pt; LINE-HEIGHT: 150%" face="Times New Roman,serif">Investor Relations Officer</FONT></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify"><FONT lang=PT-BR style="FONT-WEIGHT: normal; FONT-SIZE: 12pt; LINE-HEIGHT: 150%" face=Arial,sans-serif></FONT>&nbsp;</P>
<a name="_bclFooter1"></a><DIV>
<P style="MARGIN: 0in 0in 0pt"><FONT lang=PT-BR style="FONT-SIZE: 10pt" face="Times New Roman,serif"></FONT>&nbsp;</P>
</DIV></DIV>
<HR align=center width="100%" noShade SIZE=2>
<DIV style="PAGE-BREAK-BEFORE: always">
<DIV align=center><FONT face="Times New Roman" color=#000000 size=3><B>SIGNATURE </B></FONT></DIV>
<DIV><FONT size=1></FONT>&nbsp;</DIV>
<DIV><FONT size=1></FONT>&nbsp;</DIV>
<DIV style="TEXT-INDENT: 4%"><FONT face="Times New Roman" color=#000000 size=3>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>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<DIV style="TEXT-INDENT: 4%"><FONT face="Times New Roman" color=#000000 size=3>Date:&nbsp;September 16, 2010</FONT></DIV>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<P></P>
<DIV><FONT size=1></FONT>&nbsp;</DIV>
<DIV align=center>
<TABLE cellSpacing=0 cellPadding=0 width="50%" border=0>
<TR>
     <TD vAlign=top width="50%" colSpan=2>
<DIV align=left><FONT face="Times New Roman" color=#000000 size=3>COMPANHIA SIDER&#218;RGICA NACIONAL </FONT></DIV></TD></TR>
<TR>
     <TD width="50%" colSpan=2 height=16></TD></TR>
<TR>
     <TD vAlign=top width="5%">
<DIV align=left><FONT face="Times New Roman" color=#000000 size=2>By:</FONT></DIV></TD>
     <TD vAlign=bottom align=center width="45%">
<DIV align=center><FONT face="Times New Roman" color=#000000 size=2>/<SMALL>S</SMALL>/&nbsp;Benjamin Steinbruch </FONT></DIV>
<HR align=left color=#000000 noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="5%"><FONT size=1>&nbsp;</FONT></TD>
     <TD vAlign=bottom align=center width="45%">
<DIV align=left><FONT face="Times New Roman" color=#000000 size=2><B>Benjamin Steinbruch </B></FONT></DIV>
<DIV align=left><FONT face="Times New Roman" color=#000000 size=2><B>Chief Executive Officer <BR>
<BR>
</B></FONT></DIV></TD></TR></TABLE></DIV>
<DIV><FONT size=1></FONT>&nbsp;</DIV>
<P></P>
<P></P>
<P></P>
<P></P>
<P>&nbsp;</P>
<P></P>
<P></P>
<P></P>
<P></P>
<DIV><FONT size=1></FONT>&nbsp;</DIV>
<DIV align=center>
<TABLE cellSpacing=0 cellPadding=0 width="50%" border=0>
<TR>
     <TD vAlign=top width="50%" colSpan=2>
<DIV align=left>&nbsp;</DIV></TD></TR>
<TR>
     <TD width="50%" colSpan=2 height=16></TD></TR>
<TR>
     <TD vAlign=top width="5%">
<DIV align=left><FONT face="Times New Roman" color=#000000 size=2>By:</FONT></DIV></TD>
     <TD vAlign=bottom align=center width="45%">
<DIV align=center><FONT face="Times New Roman" color=#000000 size=2>/<SMALL>S</SMALL>/&nbsp;Paulo Penido Pinto Marques </FONT></DIV>
<HR align=left color=#000000 noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="5%"><FONT size=1>&nbsp;</FONT></TD>
     <TD vAlign=bottom align=center width="45%">
<DIV align=left><FONT face="Times New Roman" color=#000000 size=2><B>Paulo Penido Pinto Marques </B></FONT></DIV>
<DIV align=left><FONT face="Times New Roman" color=#000000 size=2><B>Chief Financial Officer and Investor Relations Officer<BR>
<BR>
</B></FONT></DIV></TD></TR></TABLE></DIV>
<DIV><FONT size=1></FONT>&nbsp;</DIV>
<P></P>
<P></P>
<P></P>
<P></P>
<P>&nbsp;</P>
<P></P>
<P></P>
<P></P>
<P></P>
<DIV><FONT size=1></FONT>&nbsp;</DIV>
<DIV align=center><FONT face="Times New Roman" color=#000000 size=3><B>FORWARD-LOOKING STATEMENTS </B></FONT></DIV>
<P></P>
<P></P>
<P></P>
<P></P>
<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>
<P></P>
<P></P>
<P></P>
<P></P>
<HR align=left color=#000000 noShade SIZE=2>
<DIV></DIV></DIV>

</BODY>

</HTML>

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
