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<SEC-DOCUMENT>0001292814-11-000096.txt : 20110113
<SEC-HEADER>0001292814-11-000096.hdr.sgml : 20110113
<ACCEPTANCE-DATETIME>20110113102518
ACCESSION NUMBER:		0001292814-11-000096
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20110331
FILED AS OF DATE:		20110113
DATE AS OF CHANGE:		20110113

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:		11526731

	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>sid20110113_6k2.htm
<DESCRIPTION>PROPOSAL TO BE SUBMITTED TO THE EXTRAORDINARY SHAREHOLDERS' MEETING TO BE HELD ON JANUARY 28, 2011
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<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>
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<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>
<DIV align=center>
<DIV><FONT face="Times New Roman" color=#000000 size=3><B>For the month of January, 2011</B></FONT></DIV>
<P></P>
<FONT face="Times New Roman" color=#000000 size=3><B>Commission File Number 1-14732 </B></FONT></DIV>
<DIV><FONT size=1></FONT>&nbsp;</DIV>
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<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>
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<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>
<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>
<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____
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center"><FONT lang=PT-BR style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black>COMPANHIA SIDER&#218;RGICA NACIONAL</FONT></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center"><B><FONT lang=PT-BR style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black>Publicly Held Company</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center"><FONT style="mso-ansi-language: EN-US"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black>Corporate Taxpayer&#146;s ID (CNPJ/MF) 33.042.730/0001-04</FONT></B></FONT></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center"><FONT style="mso-ansi-language: EN-US"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black>Corporate Registry (NIRE) 3330001159-5</FONT></B></FONT></P>
<P style="MARGIN: 0in 0in 0pt"><FONT style="mso-ansi-language: EN-US"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="Times New Roman,serif" color=black></FONT></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black>PROPOSAL TO BE SUBMITTED TO THE EXTRAORDINARY SHAREHOLDERS&#146; MEETING TO BE HELD&nbsp;ON JANUARY 28, 2011</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black></FONT></B>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black></FONT></B>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: left" align=left><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black>To the Shareholders of <BR>
Companhia Sider&#250;rgica Nacional</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: left" align=left><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: left" align=left><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: left" align=left><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt 0.5in; TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 12pt; LINE-HEIGHT: 150%" 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; LINE-HEIGHT: 150%" face="Times New Roman,serif" color=black>The Extraordinary Shareholders&#146; Meeting called for January 28, 2011 will resolve on the merger, by the Company, of its subsidiary CSN A&#231;os Longos S.A., a publicly-held company headquartered at Rod. BR 393 - L&#250;cio Meira, KM 5,001, s/no, parte, Vila Sta. Cec&#237;lia, in the city of Volta Redonda, state of Rio de Janeiro, and inscribed in the corporate roll of taxpayers (CNPJ/MF) under no. 05.023.529/0001-44.</FONT></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 150%" 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: 11pt; LINE-HEIGHT: 150%" face="Times New Roman,serif" color=black>Thus, the Company&#146;s Management proposes the following:</FONT></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 150%" face="Times New Roman,serif" color=black></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.5in; TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 150%" face="Times New Roman,serif" color=black>(i)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 150%" face="Times New Roman" color=black>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 12pt; LINE-HEIGHT: 150%" face="Times New Roman,serif" color=black>approval of the Protocol and Justification for the Merger signed by representatives of the Company and CSN A&#231;os Longos S.A., which contains all the conditions and justifications for the merger of CSN A&#231;os Longos by the Company;</FONT></P>
<P style="MARGIN: 0in 0in 0pt 0.5in; TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 12pt; LINE-HEIGHT: 150%" face="Times New Roman,serif" color=black></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.5in; TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 12pt; LINE-HEIGHT: 150%" face="Times New Roman,serif" color=black>(ii)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 150%" face="Times New Roman" color=black>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 12pt; LINE-HEIGHT: 150%" face="Times New Roman,serif" color=black>approval and ratification of the hiring of KPMG Auditores Independentes, a specialized company responsible for the drawing up of the accounting appraisal report of CSN A&#231;os Longos&#146; shareholders&#146; equity, to be transferred to CSN;</FONT></P>
<P style="MARGIN: 0in 0in 0in 35.4pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman,serif"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.5in; TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 12pt; LINE-HEIGHT: 150%" face="Times New Roman,serif" color=black>(iii)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 150%" face="Times New Roman" color=black>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 12pt; LINE-HEIGHT: 150%" face="Times New Roman,serif" color=black>approval of the above-mentioned accounting appraisal report of CSN A&#231;os Longos&#146; shareholders&#146; equity on the reference date of December 31, 2010;</FONT></P>
<P style="MARGIN: 0in 0in 0in 35.4pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman,serif"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.5in; TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 12pt; LINE-HEIGHT: 150%" face="Times New Roman,serif" color=black>(iv)</FONT><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: 150%" face="Times New Roman" color=black>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT lang=EN-US style="FONT-SIZE: 12pt; LINE-HEIGHT: 150%" face="Times New Roman,serif" color=black>approval of the merger of CSN A&#231;os Longos by CSN, pursuant to the terms and conditions established by the above-mentioned Protocol and Justification of Merger.</FONT></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 12pt; LINE-HEIGHT: 150%" 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; LINE-HEIGHT: 150%" face="Times New Roman,serif" color=black>Pursuant to Article 21 of Instruction 481 of December 17, 2009, issued by the Brazilian Securities and Exchange Commission (&#147;CVM Instruction 481/09&#148;), all required </FONT><FONT lang=EN-US style="FONT-SIZE: 12pt; LINE-HEIGHT: 150%" face="Times New Roman,serif" color=black>information related to KPMG Auditores Independentes, the specialized company recommended by the Company&#146;s Management to draw up the appraisal report of CSN A&#231;os Longos&#146; shareholders&#146; equity, is detailed in Attachment I of this proposal. </FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify"><FONT lang=EN-US style="FONT-SIZE: 12pt; LINE-HEIGHT: 150%" face="Times New Roman,serif" color=black>All documents related to the matters included in the Agenda are available for Shareholders&#146; consultation at the Company&#146;s headquarters, as well as on the websites of the Brazilian Securities and Exchange Commission &#150; CVM (www.cvm.gov.br), the Securities, Commodities and Futures Exchange &#150; BM&amp;FBovespa (www.bmfbovespa.com.br) and the Company (www.csn.com.br/ri).</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: left" align=left><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black>BENJAMIN STEINBRUCH</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: left" align=left><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black>Chairman of the Board of Directors</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align=center><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black>ATTACHMENT I </FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align=center><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black>INFORMATION ON APPRAISERS</FONT></B></P>
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<P style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: medium none; TEXT-ALIGN: center" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt" face="Times New Roman,serif" color=black>(</FONT><I><FONT lang=EN-US style="FONT-SIZE: 10pt" face="Times New Roman,serif" color=black>pursuant to</FONT></I><FONT lang=EN-US style="FONT-SIZE: 10pt" face="Times New Roman,serif" color=black> </FONT><I><FONT lang=EN-US style="FONT-SIZE: 10pt" face="Times New Roman,serif" color=black>Article 21 </FONT></I><FONT lang=EN-US style="FONT-SIZE: 10pt" face="Times New Roman,serif" color=black>of </FONT><I><FONT lang=EN-US style="FONT-SIZE: 10pt" face="Times New Roman,serif" color=black>CVM Rule 481</FONT></I><FONT lang=EN-US style="FONT-SIZE: 10pt" face="Times New Roman,serif" color=black>, </FONT><I><FONT lang=EN-US style="FONT-SIZE: 10pt" face="Times New Roman,serif" color=black>dated
 December 17, 2009</FONT></I><FONT lang=EN-US style="FONT-SIZE: 10pt" face="Times New Roman,serif" color=black>)</FONT></P>
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<P style="MARGIN: 0in 0in 0pt 53.25pt; TEXT-INDENT: -35.25pt; TEXT-ALIGN: justify"><B><I><FONT style="FONT-SIZE: 12pt; LINE-HEIGHT: 116%" face="Times New Roman,serif" color=black>1.</FONT></I></B><B><I><FONT style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="Times New Roman" color=black>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT style="FONT-SIZE: 12pt; LINE-HEIGHT: 116%" face="Times New Roman,serif" color=black>List of appraisers recommended by the management</FONT></I></B></P>
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<P style="MARGIN: 6pt 0in; TEXT-ALIGN: justify"><FONT style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black>KPMG Auditores Independentes, a company established in the city of S&#227;o Paulo at Rua Dr. Renato Paes de Barros, n<SUP>o</SUP> 33, inscribed in the roll or corporate taxpayers (CNPJ/MF) under number 57.755.217/0001-29 and originally registered with the Regional Accounting Council of the State of S&#227;o Paulo under number 2SP014428/O-6 (&#147;KPMG&#148;). </FONT></P>
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<P style="MARGIN: 0in 0in 0pt 53.25pt; TEXT-INDENT: -35.25pt; TEXT-ALIGN: justify"><B><I><FONT style="FONT-SIZE: 12pt; LINE-HEIGHT: 116%" face="Times New Roman,serif" color=black>2.</FONT></I></B><B><I><FONT style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="Times New Roman" color=black>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT style="FONT-SIZE: 12pt; LINE-HEIGHT: 116%" face="Times New Roman,serif" color=black>Description of the capabilities of the recommended appraisers</FONT></I></B></P>
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<P style="MARGIN: 6pt 0in; TEXT-ALIGN: justify"><FONT style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black>KPMG, registered with the CVM under number 00418-9, is a company specialized in equity appraising that has already been hired by Companhia Sider&#250;rgica Nacional and is capable of issuing accounting appraisal reports of shareholders&#146; equity of the merged company, in accordance with Auditing Standards and Procedures &#150; NPA 14. </FONT></P>
<P style="MARGIN: 6pt 0in; TEXT-ALIGN: justify"><FONT style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black>With extensive experience in auditing and consulting services, KPMG is widely recognized in the national and international market, offering a consistent series of accounting and financial abilities and skills with profound knowledge in the market segment of each of its customers, one of the company&#146;s most relevant differentials. </FONT></P>
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<P style="MARGIN: 0in 0in 0pt 53.25pt; TEXT-INDENT: -35.25pt; TEXT-ALIGN: justify"><B><I><FONT style="FONT-SIZE: 12pt; LINE-HEIGHT: 116%" face="Times New Roman,serif" color=black>3.</FONT></I></B><B><I><FONT style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="Times New Roman" color=black>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT style="FONT-SIZE: 12pt; LINE-HEIGHT: 116%" face="Times New Roman,serif" color=black>Copy of the proposal for labor and compensation of the recommended appraisers</FONT></I></B></P>
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<P style="MARGIN: 6pt 0in; TEXT-ALIGN: justify"><FONT style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black>See Attachment II</FONT></P>
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<P style="MARGIN: 0in 0in 0pt 53.25pt; TEXT-INDENT: -35.25pt; TEXT-ALIGN: justify"><B><I><FONT style="FONT-SIZE: 12pt; LINE-HEIGHT: 116%" face="Times New Roman,serif" color=black>4.</FONT></I></B><B><I><FONT style="FONT-SIZE: 7pt; LINE-HEIGHT: 116%" face="Times New Roman" color=black>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT style="FONT-SIZE: 12pt; LINE-HEIGHT: 116%" face="Times New Roman,serif" color=black>Description of any relevant relation existing in the last three (3) years between the recommended appraisers and parties related to the Company, as defined by accounting rules on this subject. </FONT></I></B></P>
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<P style="MARGIN: 6pt 0in; TEXT-ALIGN: justify"><FONT style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black>KPMG is the independent auditor of the Company and its subsidiaries and associated companies, the accounts of which are included or reflected in the Company&#146;s consolidated financial statements, in accordance with explanatory note 5 to the financial statements for the fiscal year ended December 31, 2009. </FONT></P>
<P style="MARGIN: 6pt 0in; TEXT-ALIGN: justify"><FONT style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black>On an annual basis KPMG confirms its independence during the performance of external audits, stating that it has neither provided any professional services nor has identified any other relation that, in its best judgment, could be considered to affect its independence in any way. </FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align=center><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black>ATTACHMENT II</FONT></B></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align=center><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black>PROPOSAL FOR SERVICES</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align=center><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman,serif" color=black>KPMG AUDITORES INDEPENDENTES</FONT></B></P>
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<DIV align=center><FONT face="Times New Roman" color=#000000 size=3><B>SIGNATURE </B></FONT></DIV>
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<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>
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<DIV style="TEXT-INDENT: 4%"><FONT face="Times New Roman" color=#000000 size=3>Date: January 13, 2011</FONT></DIV>
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<DIV align=left><FONT face="Times New Roman" color=#000000 size=3>COMPANHIA SIDER&#218;RGICA NACIONAL </FONT></DIV></TD></TR>
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<DIV align=left><FONT face="Times New Roman" color=#000000 size=2>By:</FONT></DIV></TD>
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<DIV align=center><FONT face="Times New Roman" color=#000000 size=2>/<SMALL>S</SMALL>/&nbsp;Benjamin Steinbruch </FONT></DIV>
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<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>
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<DIV align=center><FONT face="Times New Roman" color=#000000 size=2>/<SMALL>S</SMALL>/&nbsp;Paulo Penido Pinto Marques </FONT></DIV>
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<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>
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<DIV align=center><FONT face="Times New Roman" color=#000000 size=3><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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