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.
Yes _______ No ___X____
CSN is a leading global steel producer with operations in Latin America, North America, and Europe. The Company is a fully integrated steel producer, the largest coated steel producer in Brazil, with current capacity of 5.6 million tons of crude steel, 5.1 million tons of rolled products and 2.9 million tons of coated steel capacity. Over 50% of CSNs production consists of high value added steel products. CSN is also the sole tin-plate producer in Brazil and one of the largest producers of tin plate in the world. |
CSN's process is based on the integrated steelworks concept that uses the Company's own sources of iron ore, limestone and dolomite. Besides its captive mines, CSN controls logistics assets - ports and railways which enable an extremely cost efficient operation. This concept allows CSN to continuously capture important levels of synergies, thus assuring its position as one of the most cost competitive steel producers in the world. |
NOTICE TO THE MARKET
COMPANHIA SIDERÚRGICA NACIONAL
Publicly-held Company
Rua São José n.° 20, Grupo 1602, parte
Rio de Janeiro/RJ
Corporate Taxpayers ID (CNPJ/MF): 33.042.730/0001-04
CSN announces that it has retained Goldman Sachs as its financial advisor in connection with the potential sale of a portion or all shares of Nacional Minérios S.A. (NAMISA).
NAMISA is a fully integrated iron ore company (owner of mining rights in the State of Minas Gerais with access to railway transport and port in order to sell/export its production). NAMISAs business plan provides for the utilization of available iron ore mining and logistics resources, including its own iron ore mines and contracts with third parties, in order to increase its total capacity of iron ore sales/exports from the current level of 14 million tons up to 40 million tons in 2012.
The NAMISA project referred to above does not comprise all of the mining assets of CSN and shall not impact any potential future capital markets transaction involving other mining assets owned by CSN, which continue to be part of the company's strategy.
Rio de Janeiro, April 22, 2008.
COMPANHIA SIDERÚRGICA NACIONAL
Otávio de Garcia Lazcano
Investor Relations Executive Officer
COMPANHIA SIDERÚRGICA NACIONAL |
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By: |
/S/ Benjamin Steinbruch
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Benjamin Steinbruch
Chief Executive Officer and Investor Relations Officer |
By: |
/S/ Otávio de Garcia Lazcano
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Otávio de Garcia Lazcano
Chief Financial Officer |
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.