EX-8.1 2 exhibit8_1.htm EXHIBIT 8.1

Exhibit 8.1 |  |  |  |  |
|  | Equity interests (%) |  |  |
Companies |  | 12/31/2018 |  | Jurisdiction of incorporation |  | Core business
Direct interest in subsidiaries: full consolidation |  |  |  |  |  |
CSN Islands VII Corp. |  | 100.00 |  | Cayman Island |  | Financial transactions
CSN Islands XI Corp. |  | 100.00 |  | Cayman Island |  | Financial transactions
CSN Islands XII Corp. |  | 100.00 |  | Cayman Island |  | Financial transactions
CSN Steel S.L.U.(*) |  | 100.00 |  | Spain |  | Equity interests and Financial transactions
TdBB S.A |  | 100.00 |  | Panamá |  | Equity interests
Sepetiba Tecon S.A. |  | 99.99 |  | Brazil |  | Port services
Minérios Nacional S.A. |  | 99.99 |  | Brazil |  | Mining and Equity interests
Companhia Florestal do Brasil |  | 99.99 |  | Brazil |  | Reforestation
Estanho de Rondônia S.A. |  | 99.99 |  | Brazil |  | Tin Mining
Companhia Metalúrgica Prada |  | 99.99 |  | Brazil |  | Manufacture of containers and distribution of steel products
CSN Gestão de Recursos Financeiros Ltda. (*) |  | 99.99 |  | Brazil |  | Management of funds and securities portfolio
CSN Mineração S.A. |  | 87.52 |  | Brazil |  | Mining and Equity interests
CSN Energia S.A. |  | 99.99 |  | Brazil |  | Sale of electric power
FTL - Ferrovia Transnordestina Logística S.A. |  | 91.69 |  | Brazil |  | Railroad logistics
Nordeste Logística S.A. |  | 99.99 |  | Brazil |  | Port services
Aceros México CSN (1) |  | 0.08 |  | Mexico |  | Commercial representation, sales of steel and related activities
CSN Inova Ltd.(2) |  | 100.00 |  | Israel |  | Advisory and implementation of new development projects
Indirect interest in subsidiaries: full consolidation |  |  |  |  |  |
Lusosider Projectos Siderúrgicos S.A. |  | 100.00 |  | Portugal |  | Equity interests and product sales
Lusosider Aços Planos, S. A. |  | 99.99 |  | Portugal |  | Steel and Equity interests
CSN Resources S.A. |  | 100.00 |  | Luxembourg |  | Financial transactions and Equity interests
Companhia Brasileira de Latas |  | 99.00 |  | Brazil |  | Sale of cans and containers in general and Equity interests
Companhia de Embalagens Metálicas - MMSA |  | 99.67 |  | Brazil |  | Production and sale of cans and related activities
Companhia de Embalagens Metálicas - MTM |  | 99.67 |  | Brazil |  | Production and sale of cans and related activities
CSN Steel Holdings 1, S.L.U. |  | 100.00 |  | Spain |  | Financial transactions, product sales and Equity interests
CSN Productos Siderúrgicos S.L. |  | 100.00 |  | Spain |  | Financial transactions, product sales and Equity interests
Stalhwerk Thüringen GmbH |  | 100.00 |  | Germany |  | Production and sale of long steel and related activities
CSN Steel Sections UK Limited (*) |  | 100.00 |  | England |  | Sale of long steel
CSN Steel Sections Polska Sp.Z.o.o |  | 100.00 |  | Poland |  | Financial transactions, product sales and Equity interests
CSN Asia Limited |  | 100.00 |  | Hong Kong |  | Commercial representation
CSN Mining Holding, S.L |  | 87.52 |  | Spain |  | Financial transactions, product sales and Equity interests
CSN Mining GmbH |  | 87.52 |  | Austria |  | Financial transactions, product sales and Equity interests
CSN Mining Asia Limited |  | 87.52 |  | Hong Kong |  | Commercial representation
Aceros México CSN (1) |  | 99.92 |  | Mexico |  | Commercial representation, sale of steel and related activities
Lusosider Ibérica S.A |  | 100.00 |  | Portugal |  | Steel, commercial and industrial activities and equity interests
CSN Mining Portugal, Unipessoal Lda. |  | 87.52 |  | Portugal |  | Commercial and representation of products
Companhia Siderúrgica Nacional, LLC (3) |  | 100.00 |  | United States |  | Import and distribution/resale of products

Direct interest in joint operations |  |  |  |  |  |
Itá Energética S.A. |  | 48.75 |  | Brazil |  | Electric power generation
Consórcio da Usina Hidrelétrica de Igarapava |  | 17.92 |  | Brazil |  | Electric power consortium
Direct interest in joint ventures |  |  |  |  |  |
MRS Logística S.A. |  | 18.64 |  | Brazil |  | Railroad transportation
Aceros Del Orinoco S.A. |  | 31.82 |  | Panamá |  | Dormant company
CBSI - Companhia Brasileira de Serviços de Infraestrutura |  | 50.00 |  | Brazil |  | Equity interests and product sales and iron ore
Transnordestina Logística S.A. |  | 46.30 |  | Brazil |  | Railroad logistics
Indirect interest in joint ventures |  |  |  |  |  |
MRS Logística S.A. |  | 16.30 |  | Brazil |  | Railroad transportation
Direct interest in associates |  |  |  |  |  |
Arvedi Metalfer do Brasil S.A. |  | 20.00 |  | Brazil |  | Metallurgy and Equity interests
(*) They are Dormant Companies therefore they do not appear in the note 9.a, where is disclosed business information under the equity method and fair value through profit or loss and comprehensive income.
· Events in 2018: |  |  |  |  |  |
(1) Transfer of 1% stake in Aceros Mexico CSN from CSN Steel to Companhia Siderúrgica Nacional occurred on February 1, 2018. On September 18, 2018, CSN Steel increased the capital of Aceros Mexico CSN, diluting the direct interest of Companhia Siderúrgica Nacional to 0.08%, with CSN Steel holding 99.92%. On February 1, 2019, the Federal Taxpayers' Registry was canceled and, therefore, the settlement process of Aceros Mexico CSN was terminated, however, before third parties and for the purposes of commercial law, the settlement was retroactive to September 18, 2018;
(2) Company incorporated in 2018. |  |  |  |  |  |
(3) On June 5, 2018 CSN LLC had its corporate name changed to "Heartland Steel Processing, LLC". On the same date, a new company was incorporated under the name "Companhia Siderúrgica Nacional, LLC", a wholly owned subsidiary of Heartland Steel Processing, LLC. On June 28, 2018, Companhia Siderúrgica Nacional, LLC., became a wholly-owned subsidiary of CSN Steel and, on June 29, 2018, Heartland Steel Processing, LLC was sold to Steel Dynamics, Inc. The remaining assets are registered at Companhia Siderúrgica Nacional, LLC, a subsidiary of CSN Steel (see note 3).