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Actionable news in SID: COMPANHIA SIDERURGICA NACIONAL S.A. (CSN),

Report of foreign issuer [Rules 13a-16 and 15d-16]

SECURITIES AND EXCHANGE COMMISSION

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the

Securities Exchange Act of 1934

COMPANHIA SIDERÚRGICA NACIONAL

(Exact name of registrant as specified in its charter)

National Steel Company

(Translation of Registrant's name into English)

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F. Form 20-F ___X___ Form 40-F _______

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____

NOTICE TO THE MARKET

COMPANHIA SIDERÚRGICA NACIONAL

CNPJ no. 33.042.730/0001-04

Publicly-held company

Companhia Siderúrgica Nacional (“Company” or “CSN”), in compliance with Official Letter no. 326/2015/CVM/SEP/GEA-2, of September 29, 2015, attached hereto, provides the clarifications requested:

· On September 28, 2015, the Company executed the 5th addendum to the Lease Agreement C-DEPJUR no. 054/97, which extends earlier the lease of its bulk terminal (“TECAR”) from 8/2/2022 to 8/2/2047, under Law 12815/2013.

· Among the conditions established in such addendum are investments of R$ 2.6 billion, as described below:

o R$ 1.6 billion to expand the terminal’s operational capacity to 60 million tons per year, and that should happen by the second half of 2019;

o R$ 1 billion to be regularly invested during the 25 years of terminal operation.

· The estimated annual disbursement of the above-mentioned amounts is in line with the history of the Company’s investments.

· Over the last years, CSN has been investing to expand TECAR. To increase the operational capacity from 30 million to 45 million tons per year, the Company invested R$ 475 million between 2009 and 2013.

· On December 11, 2014, the Company notified the market that its Board of Directors had approved the creation of a strategic alliance with the consortium of the companies ITOCHU Corporation, JFE Steel Corporation, POSCO, Ltd., Kobe Steel, Ltd., Nisshin Steel Co, Ltd. and China Steel Corp. This alliance consists in a joint venture, the company Congonhas Minérios S.A., whose main assets will be the iron ore mines of Casa de Pedra and Namisa, interest in MRS Logística S.A., and assets and rights to manage and operate the concession related to TECAR. The conditions to create the alliance and other details on the transaction are available in the material fact released in the above-mentioned date.

· As to the possible sale of assets (mentioned in the article), currently there are no ongoing negotiations that may give rise to any notice to the market under the law.

São Paulo...


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