<SEC-DOCUMENT>0001292814-19-001185.txt : 20190408
<SEC-HEADER>0001292814-19-001185.hdr.sgml : 20190408
<ACCEPTANCE-DATETIME>20190405205139
ACCESSION NUMBER:		0001292814-19-001185
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20190630
FILED AS OF DATE:		20190408
DATE AS OF CHANGE:		20190405

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:		19736252

	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>sid20190405_6k2.htm
<DESCRIPTION>SID20190405_6K2
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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 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>

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<DIV><FONT color=#000000 size=3 face="Times New Roman"><B>For the month of April, 2019</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>

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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>

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<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>

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<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="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=PT-BR style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">COMPANHIA SIDER&#218;RGICA NACIONAL</FONT></B></P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=PT-BR style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">Corporate Taxpayer&#8217;s ID (CNPJ/MF): 33.042.730/0001-04</FONT></P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">Company Registry (NIRE): 35300396090</FONT></P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">Publicly-held Company</FONT></P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman"></FONT>&nbsp;</P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 12pt; LINE-HEIGHT: normal" face="times new roman">Announcement of Tender Offers for up to U.S.$750 million of 2019 Notes and 2020 Notes by CSN Resources S.A.</FONT></B></P>

<P style="MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 12pt; LINE-HEIGHT: normal" face="times new roman"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">S&#227;o Paulo, April 5, 2019 &#8211; Companhia Sider&#250;rgica Nacional </FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">(&#8220;</FONT><U><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">CSN</FONT></U><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">&#8221;) (NYSE: SID)</FONT><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman"> </FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">announced today that its subsidiary, CSN Resources S.A. (&#8220;</FONT><U><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">CSN Resources</FONT></U><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">&#8221;), has commenced:</FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0cm 0cm 0pt 42.55pt; TEXT-INDENT: -1cm"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; a cash tender offer (the &#8220;</FONT><U><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">2019 Notes Tender Offer</FONT></U><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">&#8221;) for any and all of the outstanding 6.875% Senior Unsecured Guaranteed Notes due 2019 (the &#8220;</FONT><U><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">2019 Notes</FONT></U><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">&#8221;) </FONT><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">(144A CUSIP / ISIN Nos. 12642KAA2 / US12642KAA25 and Reg S CUSIP / ISIN Nos. G2583XAA9 / USG2583XAA93) of </FONT><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">CSN Islands XI Corp., a finance subsidiary of CSN; and</FONT></P>

<P style="MARGIN: 0cm 0cm 0pt 42.55pt; TEXT-INDENT: -1cm"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0cm 0cm 0pt 42.55pt; TEXT-INDENT: -1cm"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; a partial cash tender offer (the &#8220;</FONT><U><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">2020 Notes Tender Offer</FONT></U><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">&#8221; and, together with the 2019 Notes Tender Offer, the &#8220;</FONT><U><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">Tender Offers</FONT></U><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">&#8221;) for its outstanding 6.50% Senior Unsecured Guaranteed Notes due 2020 (the &#8220;</FONT><U><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">2020 Notes</FONT></U><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">&#8221; and, together with the 2019 Notes, the &#8220;</FONT><U><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">Notes</FONT></U><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">&#8221;) </FONT><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">(144A CUSIP / ISIN Nos. 12644VAA6 / US12644VAA61 and Reg S CUSIP / ISIN Nos. L21779AA8/USL21779AA88)</FONT><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman"> in an aggregate principal amount such that the aggregate principal amount of 2020 Notes accepted for purchase does not exceed (A) U.S.$750 million </FONT><I><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">less </FONT></I><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">(B) the aggregate principal amount of 2019 Notes validly tendered and accepted for purchase pursuant to the 2019 Notes Tender Offer (the &#8220;</FONT><U><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">2020 Notes Maximum Tender Amount</FONT></U><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">&#8221;). </FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">Each of the Notes is fully, unconditionally and irrevocably guaranteed by CSN.</FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman"><BR>The following table sets forth the consideration for each series of Notes:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P>

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   <TD style="BORDER-TOP: #000000 1px solid; BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 5.75pt; BORDER-LEFT: #000000 1px solid; PADDING-RIGHT: 5.75pt" vAlign=bottom>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="times new roman"><U>Title of Security</U></FONT></B></P></TD>

   <TD style="BORDER-TOP: #000000 1px solid; BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 5.75pt; BORDER-LEFT: #000000 1px solid; PADDING-RIGHT: 5.75pt" vAlign=bottom>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="times new roman"><U>Aggregate Principal Amount Outstanding</U></FONT></B></P></TD>

   <TD style="BORDER-TOP: #000000 1px solid; BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 5.75pt; BORDER-LEFT: #000000 1px solid; PADDING-RIGHT: 5.75pt" vAlign=bottom>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="times new roman"><U>Maximum Acceptance Limit</U></FONT></B></P></TD>

   <TD style="BORDER-TOP: #000000 1px solid; BORDER-RIGHT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 5.75pt; BORDER-LEFT: #000000 1px solid; PADDING-RIGHT: 5.75pt" vAlign=bottom>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="times new roman"><STRONG><U>Total<BR>Consideration<SUP>1</SUP></U></STRONG></FONT></P></TD></TR>

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   <TD style="BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 5.75pt; BORDER-LEFT: windowtext 1pt solid; PADDING-RIGHT: 5.75pt" vAlign=bottom>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="times new roman">6.875% Senior Unsecured Guaranteed Notes due 2019</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 5.75pt; PADDING-RIGHT: 5.75pt" vAlign=bottom>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="times new roman">U.S.$547.1 million</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 5.75pt; PADDING-RIGHT: 5.75pt" vAlign=bottom>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="times new roman">Any and All</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 5.75pt; PADDING-RIGHT: 5.75pt" vAlign=bottom>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="times new roman">U.S.$1,016</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR>

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   <TD style="BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 5.75pt; BORDER-LEFT: windowtext 1pt solid; PADDING-RIGHT: 5.75pt" vAlign=bottom>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="times new roman">6.50% Senior Unsecured </FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="times new roman">Guaranteed Notes due 2020</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 5.75pt; PADDING-RIGHT: 5.75pt" vAlign=bottom>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="times new roman">U.S.$1.1 billion</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 5.75pt; PADDING-RIGHT: 5.75pt" vAlign=bottom>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="times new roman">2020 Notes Maximum </FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="times new roman">Ten</FONT><FONT style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="times new roman">der Amount<SUP>2</SUP></FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><SUP><FONT style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="times new roman"></FONT></SUP>&nbsp;</P></TD>

   <TD style="BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 5.75pt; PADDING-RIGHT: 5.75pt" vAlign=bottom>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="times new roman">U.S.$1,020</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 9pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">__________________</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt"><FONT lang=EN-US style="FONT-SIZE: 8pt; LINE-HEIGHT: normal" face="times new roman">(1)&nbsp;&nbsp; The amount to be paid for each U.S.$1,000 principal amount of the applicable series of Notes validly tendered and accepted for purchase. In each case, the Total Consideration includes an Early Tender Payment of U.S.$30 for each U.S.$1,000 principal amount of Notes. In addition, accrued interest up to, but excluding, the applicable settlement date (&#8220;</FONT><U><FONT lang=EN-US style="FONT-SIZE: 8pt; LINE-HEIGHT: normal" face="times new roman">Accrued Interest</FONT></U><FONT lang=EN-US style="FONT-SIZE: 8pt; LINE-HEIGHT: normal" face="times new roman">&#8221;) will be paid.</FONT></P>

<P style="MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt"><FONT lang=EN-US style="FONT-SIZE: 8pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt"><FONT lang=EN-US style="FONT-SIZE: 8pt; LINE-HEIGHT: normal" face="times new roman">(2)&nbsp;&nbsp; Equals U.S.$750 million </FONT><I><FONT lang=EN-US style="FONT-SIZE: 8pt; LINE-HEIGHT: normal" face="times new roman">less</FONT></I><FONT lang=EN-US style="FONT-SIZE: 8pt; LINE-HEIGHT: normal" face="times new roman"> the aggregate principal amount of 2019 Notes validly tendered and accepted for purchase in the 2019 Notes Tender Offer.</FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P>

<P style="BACKGROUND: white; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=#373737 face="times new roman">The 2019 Notes Tender Offer will expire at 11:59 p.m., New York City time, on May 3, 2019, unless extended by CSN Resources (such time and date, as it may be extended, the &#8220;</FONT><U><FONT lang=EN-GB style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=#373737 face="times new roman">2019 Notes Expiration Date</FONT></U><FONT lang=EN-GB style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=#373737 face="times new roman">&#8221;). Holders of 2019 Notes who validly tender (and do not validly withdraw) their 2019 Notes at or prior to&nbsp;5:00 p.m., New York City time, on April 18, 2019, unless extended by CSN Resources (such time and date, as it may be extended, the &#8220;</FONT><U><FONT lang=EN-GB style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=#373737 face="times new roman">2019 Notes Early Tender Date</FONT></U><FONT lang=EN-GB style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=#373737 face="times new roman">&#8221;), will be eligible to receive the 2019 Notes Total Consideration (as defined herein), which includes the 2019 Notes Early Tender Payment (as defined herein), plus Accrued Interest. Holders of 2019 Notes who validly tender 2019 Notes after the 2019 Notes Early Tender Date but at or prior to the 2019 Notes Expiration Date will not be eligible to receive the 2019 Notes Early Tender Payment and will therefore only be eligible to </FONT>

<font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">receive the 2019 Notes
Tender Offer Consideration (as defined herein), plus Accrued Interest. 2019
Notes that have been validly tendered pursuant to the 2019 Notes Tender Offer
may be validly withdrawn prior to the 2019 Notes Early Tender Date but not
thereafter except as may be required by applicable law (as determined by CSN
Resources).</font></P></DIV>

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<p style="background:white;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="background:white;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">The 2020 Notes Tender Offer will
expire at 11:59 p.m., New York City time, on May 3, 2019, unless extended by CSN
Resources (such time and date, as it may be extended, the &#8220;</font><u><font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">2020 Notes
Expiration Date</font></u><font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">&#8221;). Holders of 2020 Notes who validly tender (and do not
validly withdraw) their 2020 Notes at or prior to&nbsp;5:00 p.m., New York City
time, on April 18, 2019, unless extended by CSN Resources (such time and date,
as it may be extended, the &#8220;</font><u><font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">2020 Notes Early Tender Date</font></u><font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">&#8221;), will be
eligible to receive the 2020 Notes Total Consideration (as defined herein),
which includes the 2020 Notes Early Tender Payment (as defined herein), plus
Accrued Interest. Holders of 2020 Notes who validly tender 2020 Notes after the
2020 Notes Early Tender Date but at or prior to the 2020 Notes Expiration Date
will not be eligible to receive the 2020 Notes Early Tender Payment and will
therefore only be eligible to receive the 2020 Notes Tender Offer Consideration
(as defined herein), plus Accrued Interest. 2020 Notes that have been validly
tendered pursuant to the 2020 Notes Tender Offer may be validly withdrawn prior
to the 2020 Notes Early Tender Date but not thereafter except as may be
required by applicable law (as determined by CSN Resources).</font></p>

<p style="background:white;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="background:white;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">The &#8220;</font><u><font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">2019 Notes Total Consideration</font></u><font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">&#8221;
for each U.S.$1,000&nbsp;principal amount of 2019 Notes validly tendered (and
not validly withdrawn) at or prior to the 2019 Notes Early Tender Date and
accepted for purchase pursuant to the 2019 Notes Tender Offer will be U.S.$1,016,
which includes an early tender payment equal to U.S.$30&nbsp;(the &#8220;</font><u><font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">2019
Notes Early Tender Payment</font></u><font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">&#8221;). Holders of 2019 Notes who validly tender 2019
Notes after the 2019 Notes Early Tender Date but at or prior to the 2019 Notes
Expiration Date and whose 2019 Notes are accepted for purchase will not be
entitled to receive the 2019 Notes Early Tender Payment and will therefore be
entitled to receive, for each U.S.$1,000&nbsp;principal amount of 2019 Notes
accepted for purchase, U.S.$986 (the &#8220;</font><u><font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">2019 Notes Tender Offer Consideration</font></u><font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">&#8221;).&nbsp;</font></p>

<p style="background:white;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="background:white;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">The &#8220;</font><u><font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">2020 Notes Total Consideration</font></u><font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">&#8221;
for each U.S.$1,000&nbsp;principal amount of 2020 Notes validly tendered (and
not validly withdrawn) at or prior to the 2020 Notes Early Tender Date and
accepted for purchase pursuant to the 2020 Notes Tender Offer will be U.S.$1,020,
which includes an early tender payment equal to U.S.$30 (the &#8220;</font><u><font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">2020 Notes
Early Tender Payment</font></u><font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">&#8221;). Holders of 2020 Notes who validly tender 2020 Notes
after the 2020 Notes Early Tender Date but at or prior to the 2020 Notes
Expiration Date and whose 2020 Notes are accepted for purchase will not be
entitled to receive the 2020 Notes Early Tender Payment and will therefore be
entitled to receive, for each U.S.$1,000&nbsp;principal amount of 2020 Notes
accepted for purchase, U.S.$990&nbsp;(the &#8220;</font><u><font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">2020 Notes Tender Offer
Consideration</font></u><font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">&#8221;).</font></p>

<p style="background:white;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="background:white;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">CSN Resources, in its sole discretion,
may elect to purchase any 2019 Notes that are validly tendered and not validly
withdrawn at or prior to the 2019 Notes Early Tender Date (and whose 2019 Notes
are accepted for purchase) on a business day following the 2019 Notes Early
Tender Date but before the 2019 Notes Expiration Date. If CSN Resources does
not, in its sole discretion, elect to pay for such early tendered 2019 Notes
prior to the 2019 Notes Expiration Date, then all 2019 Notes that are validly
tendered and not validly withdrawn in the 2019 Notes Tender Offer will be
accepted for purchase on a date that is expected to be within three business
days following the 2019 Notes Expiration Date or as promptly as practicable
thereafter.</font></p>

<p style="background:white;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="background:white;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">Subject to the 2020 Notes Maximum
Tender Amount, CSN Resources intends to accept for purchase on a date that is
expected to be within three business days following the 2020 Notes Expiration
Date or as promptly as practicable thereafter all 2020 Notes validly tendered
at or prior to the 2020 Notes Expiration Date (and not validly withdrawn prior
to the 2020 Notes Early Tender Date).&nbsp;In such case, holders of 2020 Notes
who validly tender their 2020 Notes at or prior to the 2020 Notes Expiration
Date may be subject to proration (as described in the Offer Documents (as
defined herein)) if the aggregate principal amount of 2020 Notes validly
tendered as of the 2020 Notes Expiration Date (and not validly withdrawn prior
to the 2020 Notes Early Tender Date) exceeds the 2020 Notes Maximum Tender
Amount. There is no &#8220;early settlement date&#8221; with respect to the 2020 Notes
regardless of whether such 2020 Notes were tendered at or prior to the 2020
Notes Early Tender Date. </font></p>

<p style="background:white;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="background:white;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font color=#373737 face="times new roman" lang=EN-GB style="font-size:10.0pt;line-height:normal;">CSN Resources&#8217; obligation to purchase
Notes in either of the Tender Offers is conditioned on the satisfaction or
waiver of a number of conditions described in the Offer Documents.&nbsp;Neither
Tender Offer is conditioned upon the </font>
<FONT lang=EN-GB style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=#373737 face="times new roman">tender of any minimum principal amount of Notes of such series or of the other series. However, the 2020 Notes Tender Offer is subject to the 2020 Notes Maximum Tender Amount.&nbsp;CSN Resources has the right, in its sole discretion, to amend or terminate either of the Tender Offers at any time.&nbsp;</FONT></p>
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<P style="BACKGROUND: white; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=#373737 face="times new roman">The terms and conditions of the Tender Offers are described in the Offer to Purchase, dated&nbsp;April 5, 2019 (the &#8220;</FONT><U><FONT lang=EN-GB style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=#373737 face="times new roman">Offer to Purchase</FONT></U><FONT lang=EN-GB style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=#373737 face="times new roman">&#8221;), and the related Letter of Transmittal (together, the &#8220;</FONT><U><FONT lang=EN-GB style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=#373737 face="times new roman">Offer Documents</FONT></U><FONT lang=EN-GB style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=#373737 face="times new roman">&#8221;).&nbsp;Copies of the Offer Documents are available to holders of Notes from&nbsp;D.F. King&nbsp;&amp; Co., Inc., the tender and information agent for the Tender Offers (the &#8220;</FONT><U><FONT lang=EN-GB style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=#373737 face="times new roman">Tender and Information Agent</FONT></U><FONT lang=EN-GB style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=#373737 face="times new roman">&#8221;).&nbsp;Requests for copies of the Offer Documents should be directed to the Tender and Information Agent at +1 (866) 530-8623 (U.S. toll free) and +1 (212) 269-5550 (collect) or by email to </FONT><I><FONT lang=EN-GB style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=#373737 face="times new roman">csn@dfking.com</FONT></I><FONT lang=EN-GB style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=#373737 face="times new roman">.</FONT></P>

<P style="BACKGROUND: white; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=#373737 face="times new roman"></FONT>&nbsp;</P>

<P style="BACKGROUND: white; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=#373737 face="times new roman">CSN Resources reserves the right, in its sole discretion, not to accept any tenders of Notes for any reason.&nbsp;CSN Resources is making the Tender Offers only in those jurisdictions where it is legal to do so.</FONT></P>

<P style="BACKGROUND: white; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-GB style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=#373737 face="times new roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">CSN Resources has engaged Merrill Lynch, Pierce, Fenner &amp; Smith Incorporated, BB Securities Limited, Bradesco BBI S.A., J.P. Morgan Securities LLC, Morgan Stanley &amp; Co. LLC and Natixis Securities Americas LLC to act as the dealer managers (the &#8220;</FONT><U><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">Dealer Managers</FONT></U><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">&#8221;) in connection with the Tender Offers. Questions regarding the terms of the Tender Offers may be directed to Merrill Lynch, Pierce, Fenner &amp; Smith Incorporated by telephone at +1 (888) 292-0070 (U.S. toll free) or +1 (646) 855-8988 (collect), BB Securities Limited at +44 (207) 367 5800, Banco Bradesco BBI S.A. at +55 (11) 3847-5219, J.P. Morgan Securities LLC at +1 (866) 846-2874 (U.S. toll free) or +1 (212) 834-7279 (collect), Morgan Stanley &amp; Co. LLC at +1 (800) 624-1808 (U.S. toll free) or +1 (212) 761-1057 (collect) and Natixis Securities Americas LLC at +1 (212) 698-3049 (collect).</FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">Disclaimer </FONT></B></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">None of CSN, CSN Resources, CSN Islands XI Corp., the Dealer Managers, the Tender and Information Agent, the trustee for the 2019 Notes or the trustee for the 2020 Notes, or any of their respective affiliates, is making any recommendation as to whether holders should or should not tender any Notes in response to the Tender Offers or expressing any opinion as to whether the terms of the Tender Offers are fair to any holder. Holders must make their own decision as to whether to tender any of their Notes and, if so, the principal amount of Notes to tender. Please refer to the Offer to Purchase for a description of the offer terms, conditions, disclaimers and other information applicable to each Tender Offer.</FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">This press release is for informational purposes only and does not constitute an offer to purchase or the solicitation of an offer to sell any securities. Each Tender Offer is being made solely by means of the Offer to Purchase and the related Letter of Transmittal. The Tender Offers are not being made to holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In those jurisdictions where the securities, blue sky or other laws require any tender offer to be made by a licensed broker or dealer, the Tender Offers will be deemed to be made on behalf of CSN Resources by the Dealer Managers or one or more registered brokers or dealers licensed under the laws of such jurisdiction.</FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=#fe5000 face="times new roman"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face="times new roman">This release may contain forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, including those related to the Tender Offers. Forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future, and, accordingly, such results may differ from those expressed in any forward-looking statements. </FONT></P>

<P style="BACKGROUND: white; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman"></FONT>&nbsp;</P>

<P style="BACKGROUND: white; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman"></FONT>&nbsp;</P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=PT-BR style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">S&#227;o Paulo, April 5, 2019</FONT></B></P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=PT-BR style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman"></FONT>&nbsp;</P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=PT-BR style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman"></FONT>&nbsp;</P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=PT-BR style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">COMPANHIA SIDER&#218;RGICA NACIONAL</FONT></P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">Marcelo Cunha Ribeiro</FONT></B></P>

<P style="BACKGROUND: white; TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman">Chief Financial and Investor Relations Officer</FONT></B></P>

<P style="BACKGROUND: white; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman"></FONT>&nbsp;</P>

<P style="BACKGROUND: white; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" color=black face="times new roman"></FONT>&nbsp;</P></DIV>

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

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

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

<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;April 5, 2019</FONT></DIV>

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

<DIV align=center>

<TABLE style="WIDTH: 50%" cellSpacing=0 cellPadding=0 border=0>



<TR>

   <TD vAlign=top width="50%" colSpan=2>

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

<TR height=20>

   <TD vAlign=top width="50%" colSpan=2>

   <DIV align=left><FONT color=#000000 size=3 face="Times New Roman"></FONT></DIV></TD></TR>

<TR>

   <TD vAlign=top width="5%">

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

   <TD vAlign=bottom width="45%" align=center>

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

   <HR align=left color=#000000 SIZE=1 noShade>

</TD></TR>

<TR>

   <TD width="5%"><FONT size=1>&nbsp;</FONT></TD>

   <TD vAlign=bottom width="45%" align=center>

   <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>

<P></P>

<P>&nbsp;</P>

<P></P>

<DIV align=center>

<TABLE style="WIDTH: 50%" cellSpacing=0 cellPadding=0 align=center border=0>



<TR>

   <TD vAlign=top width="50%" colSpan=2>

   <DIV align=left>&nbsp;</DIV></TD></TR>

<TR height=20>

   <TD vAlign=top width="50%" colSpan=2>

   <DIV align=left><FONT color=#000000 size=3 face="Times New Roman"></FONT></DIV></TD></TR>

<TR>

   <TD vAlign=top width="5%">

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

   <TD vAlign=bottom width="45%" align=center>

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

   <HR align=left color=#000000 SIZE=1 noShade>

</TD></TR>

<TR>

   <TD width="5%"><FONT size=1>&nbsp;</FONT></TD>

   <TD vAlign=bottom width="45%" align=center>

   <DIV align=left><FONT color=#000000 size=2 face="Times New Roman"><B>Marcelo Cunha Ribeiro </B></FONT></DIV>

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

<DIV>&nbsp;</DIV>

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

<P></P>

<P>&nbsp;</P>

<P></P>

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

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

<P></P>

<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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