<SEC-DOCUMENT>0001292814-16-004784.txt : 20160520
<SEC-HEADER>0001292814-16-004784.hdr.sgml : 20160520
<ACCEPTANCE-DATETIME>20160519215222
ACCESSION NUMBER:		0001292814-16-004784
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20160630
FILED AS OF DATE:		20160520
DATE AS OF CHANGE:		20160519

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:		161664601

	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>sid20160519_6k1.htm
<DESCRIPTION>FORM 6-K
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<DIV align=center><FONT color=#000000 size=5 face="Times New Roman"><B>SECURITIES AND EXCHANGE COMMISSION </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>Washington, D.C. 20549 </B></FONT></DIV>

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<DIV><FONT size=1></FONT>&nbsp;</DIV>

<DIV align=center><FONT color=#000000 size=5 face="Times New Roman"><B>FORM 6-K </B></FONT></DIV>

<DIV><FONT size=1></FONT>&nbsp;</DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman">Report of Foreign Private Issuer<BR>Pursuant to Rule 13a-16 or 15d-16 of the</FONT></DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman">Securities Exchange Act of 1934</FONT></DIV>

<DIV><FONT size=1></FONT>&nbsp;</DIV>

<DIV align=center>

<DIV><FONT color=#000000 size=3 face="Times New Roman"><B>For the month of May, 2016</B></FONT></DIV><FONT color=#000000 size=3 face="Times New Roman"><B>Commission File Number 1-14732 </B></FONT></DIV>

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<DIV align=center><FONT color=#000000 size=5 face="Times New Roman"><B>COMPANHIA SIDER&#218;RGICA NACIONAL </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">(Exact name of registrant as specified in its charter) </FONT></DIV>

<DIV><FONT size=1></FONT>&nbsp;</DIV>

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<DIV align=center><FONT color=#000000 size=5 face="Times New Roman"><B>National Steel Company </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">(Translation of Registrant's name into English)</FONT></DIV>

<DIV><FONT size=1></FONT>&nbsp;</DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><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 color=#000000 size=2 face="Times New Roman">(Address of principal executive office)</FONT></DIV>

<DIV><FONT size=1></FONT>&nbsp;</DIV>

<P></P>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman">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> Form 20-F ___X___ Form 40-F _______

<P>&nbsp;<FONT size=3 face="Times New Roman, Times, Serif">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____ </DIV>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt"><FONT><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">COMPANHIA SIDER&#218;RGICA NACIONAL</FONT></B></FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt"><FONT><FONT style="FONT-SIZE: 12pt; FONT-WEIGHT: normal" lang=EN-US face="Times New Roman">Publicly-Held Company</FONT></FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt"><FONT><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 12pt; FONT-WEIGHT: normal" lang=EN-US face="Times New Roman">Corporate Taxpayer's ID (CNPJ/MF): 33.042.730/0001-04</FONT></FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt"><FONT><FONT style="FONT-SIZE: 12pt; FONT-WEIGHT: normal" lang=EN-US face="Times New Roman">Company Registry (NIRE): 35-3.0039609.0</FONT></FONT></P></TD></TR></TABLE>

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<P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 12pt" lang=PT-BR face="Times New Roman">S&#227;o Paulo, May 19, 2016016.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=PT-BR face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=PT-BR face="Times New Roman"></FONT>&nbsp;</P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=PT-BR face="Times New Roman">To: </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 12pt" lang=PT-BR face="Times New Roman">Nelson Barroso Ortega</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">Head of Corporate Oversight</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">BM&amp;FBovespa</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">Copies to:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">CVM &#8211; Brazilian Securities and Exchange Commission</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=PT-BR face="Times New Roman">Fernando Soares Vieira </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 11pt" lang=PT-BR face="Times New Roman">(Head of Corporate Relations)</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=PT-BR face="Times New Roman">Sr. Francisco Jos&#233; Bastos Santos </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">(Head of Market and Broker Relations)</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">Re:</FONT></B><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"> Correspondence 2234/2016-GAE2 of Mau 18, 2016 - Request for clarification regarding news item.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">Transcription of the request:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US face="arial narrow,sans-serif"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 34.8pt"><I><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">&#8220;Considering the response to our Official Letter 2177/2016-SAE, we hereby request that you send a notice to the market by May 19, 2016,&nbsp; via the Empresas.NET system, stating in the body of same if the following information published in the May 13, 2016 edition of the newspaper Valor Econ&#244;mico, is true or not:</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 34.8pt"><I><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 71.4pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=wingdings>&#252;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp; </FONT><I><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">that&nbsp; CSN will announce the sale of an asset this quarter in order to reduce its debt;</FONT></I></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 71.4pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=wingdings>&#252;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp; </FONT><I><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">that the company expects to invest around R$1.2 billion in 2016 (versus R$2.2 billion last year), versus its end-of-2015 estimate of&nbsp; R$1.5 billion.&#8221;</FONT></I></P>

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<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 18pt; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt; FONT-WEIGHT: normal" lang=EN-US face="Times New Roman">In response to correspondence 2234/2016-GAE of May 18, 2016 and complementing the reply of Companhia Sider&#250;rgica Nacional (&#8220;CSN or Company&#8221;) to Official Letter 2177/2016-SAE, dated May 16, 2016, we offer the following additional information:</FONT></P>

<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 18pt; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt; FONT-WEIGHT: normal" lang=PT-BR face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 25.1pt"><FONT style="FONT-SIZE: 12pt" lang=PT-BR face=symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=PT-BR face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">As described in the 2016 Management Proposal filed with the CVM on March 28 and available on our website www.csn.com.br/ri, the Company aims to reduce its financial leverage through the execution of an action plan which includes the sale of certain assets. As announced by the CEO at the 1Q16 Conference Call, CSN intends to announce the conclusion of the sale of one of these assets. However, differently from </FONT>


<FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">what was stated in the news item, it is not possible to confirm that the sale will take this quarter</FONT><FONT style="FONT-SIZE: 12pt" lang=PT-BR face="Times New Roman">. </FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt"><FONT><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">COMPANHIA SIDER&#218;RGICA NACIONAL</FONT></B></FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt"><FONT><FONT style="FONT-SIZE: 12pt; FONT-WEIGHT: normal" lang=EN-US face="Times New Roman">Publicly-Held Company</FONT></FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt"><FONT><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 12pt; FONT-WEIGHT: normal" lang=EN-US face="Times New Roman">Corporate Taxpayer's ID (CNPJ/MF): 33.042.730/0001-04</FONT></FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt"><FONT><FONT style="FONT-SIZE: 12pt; FONT-WEIGHT: normal" lang=EN-US face="Times New Roman">Company Registry (NIRE): 35-3.0039609.0</FONT></FONT></P></TD></TR></TABLE></FONT></B></FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 25.1pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">As is usual in asset sales, the Company considers various sale scenarios that varying in line with their different macroeconomic and operational assumptions, the fi8nal result only being determined after conclusion of the definitive negotiations and the pertinent corporate approvals.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 25.1pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 25.1pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">At an opportune moment, and pursuant to the prevailing legislation, the Company will inform the market of any asset sale. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 25.1pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 25.1pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">In regard to expected investments, the Company would like to clarify that it has budgeted investments of around R$1.4 billion for 2016, including R$1.2 billion in current investments and expansion and R$180 million in spare part inventories, the latter being classified for accounting purposes as a fixed asset. These amounts were published in the 2016 Management Proposal and are distributed as follows among its &nbsp;business segments:</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 71.4pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=wingdings>&#216;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp; </FONT><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">Cement: R$529 million, for finalization of the new clinker kiln in Arcos;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 71.4pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=wingdings>&#216;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp; </FONT><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">Steel: R$500 million, particularly for in current investment projects in the coke battery at the Presidente Vargas Plant (UPV), environmental projects (the UPV Term of Adjustment of Conduct), technological upgrading projects at the UPV, completion of the expansion of the Mogi das Cruzes Service Center, and maintenance projects in the remaining units;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 71.4pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=wingdings>&#216;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp; </FONT><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">Mining: R$111 million, particularly to pay the balance of mining equipment, ongoing iron ore processing projects, studies for Phase 60 Mtpa at Tecar and current investment projects in the units;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 71.4pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=wingdings>&#216;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp; </FONT><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">Other investments: R$72 million in current investments in other operations (such as FTL and Tecon) and of a corporate nature (IT); </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 71.4pt"><FONT style="FONT-SIZE: 12pt" lang=PT-BR face=wingdings>&#216;</FONT><FONT style="FONT-SIZE: 7pt" lang=PT-BR face="times new roman">&nbsp; </FONT><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">Spare parts: R$180 million</FONT><FONT style="FONT-SIZE: 12pt" lang=PT-BR face="Times New Roman">.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 0.5in"><FONT style="FONT-SIZE: 12pt" lang=PT-BR face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 16pt; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 25.1pt"><FONT style="FONT-SIZE: 12pt" lang=PT-BR face=symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=PT-BR face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">CSN has not disclosed any other information that differs from that in the documents made available and takes no responsibility for interpretations made by third parties based on content made public by the Company.</FONT></P>

<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 16pt; MARGIN: 0in 0in 0in 25.1pt"><FONT style="FONT-SIZE: 12pt" lang=X-NONE face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 16pt; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 25.1pt"><FONT style="FONT-SIZE: 12pt" lang=PT-BR face=symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=PT-BR face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">We would reiterate that certain of the affirmations made during the Conference Call are based on Management&#8217;s current hypotheses and projections which may differ materially from the Company&#8217;s future results and performance, as well as future events. The Company&#8217;s actual future results, performance or future events, may differ substantially from those expressed or implied by said affirmations as a result of several factors, such as general and economic conditions in Brazil and other countries, interest rate and exchange rate levels, protectionist measures in the U.S., Brazil and other </FONT>


<FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">countries, changes in laws and regulations and general competitive factors (on a global, regional or national basis.</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt"><FONT><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 12pt" lang=EN-US face="Times New Roman">COMPANHIA SIDER&#218;RGICA NACIONAL</FONT></B></FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt"><FONT><FONT style="FONT-SIZE: 12pt; FONT-WEIGHT: normal" lang=EN-US face="Times New Roman">Publicly-Held Company</FONT></FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt"><FONT><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 12pt; FONT-WEIGHT: normal" lang=EN-US face="Times New Roman">Corporate Taxpayer's ID (CNPJ/MF): 33.042.730/0001-04</FONT></FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt"><FONT><FONT style="FONT-SIZE: 12pt; FONT-WEIGHT: normal" lang=EN-US face="Times New Roman">Company Registry (NIRE): 35-3.0039609.0</FONT></FONT></P></TD></TR></TABLE>

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<P style="TEXT-ALIGN: justify; LINE-HEIGHT: 18pt; MARGIN: 0in"><FONT style="FONT-SIZE: 12pt" lang=X-NONE face="Times New Roman">Estamos &#224; disposi&#231;&#227;o de V.Sas. para quaisquer esclarecimentos que se fa&#231;am necess&#225;rios.</FONT></P>

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<P style="TEXT-ALIGN: center; LINE-HEIGHT: 18pt; MARGIN: 5pt 0in" align=center><FONT style="FONT-SIZE: 12pt" lang=PT-BR face="Times New Roman">S&#227;o Paulo, 19 de maio de 2016.</FONT></P>

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<H2 style="TEXT-ALIGN: center; LINE-HEIGHT: 18pt; PAGE-BREAK-AFTER: avoid; MARGIN: 0in 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 12pt; FONT-WEIGHT: normal" face="Times New Roman">Paulo Rog&#233;rio Caffarelli</FONT><FONT style="FONT-SIZE: 14pt; FONT-WEIGHT: normal" face="Times New Roman"> </FONT></H2>

<H2 style="TEXT-ALIGN: center; LINE-HEIGHT: 18pt; PAGE-BREAK-AFTER: avoid; MARGIN: 0in 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 12pt; FONT-WEIGHT: normal" face="Times New Roman">Diretor Executivo de Rela&#231;&#245;es com Investidores</FONT></H2>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman">SIGNATURE </FONT></DIV>

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<DIV style="TEXT-INDENT: 4%"><FONT color=#000000 size=3 face="Times New Roman">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>

<DIV style="TEXT-INDENT: 4%"><FONT color=#000000 size=3 face="Times New Roman">Date:&nbsp;May 19, 2016</FONT></DIV>

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   <DIV align=left><FONT color=#000000 size=3 face="Times New Roman">COMPANHIA SIDER&#218;RGICA NACIONAL </FONT></DIV></TD></TR>

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   <DIV align=left><FONT color=#000000 size=2 face="Times New Roman">By:</FONT></DIV></TD>

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   <DIV align=center><FONT color=#000000 size=2 face="Times New Roman">/<SMALL>S</SMALL>/&nbsp;Benjamin Steinbruch </FONT></DIV>

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   <DIV align=left><FONT color=#000000 size=2 face="Times New Roman"><B>Benjamin Steinbruch </B></FONT></DIV>

   <DIV align=left><FONT color=#000000 size=2 face="Times New Roman"><B>Chief Executive Officer <BR><BR></B></FONT></DIV></TD></TR></TABLE></DIV>

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   <DIV align=center><FONT color=#000000 size=2 face="Times New Roman">/<SMALL>S</SMALL>/&nbsp;Paulo Rog&#233;rio Caffarelli </FONT></DIV>

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   <DIV align=left><FONT color=#000000 size=2 face="Times New Roman"><B>Paulo Rog&#233;rio Caffarelli </B></FONT></DIV>

   <DIV align=left><FONT color=#000000 size=2 face="Times New Roman"><B>Executive Officer <BR><BR></B></FONT></DIV></TD></TR></TABLE></DIV>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>FORWARD-LOOKING STATEMENTS </B></FONT></DIV>

<P align=justify><FONT size=2 face="Times New Roman, Times, Serif">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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