CSN Steel Sales Reach 1.6 Million Tonnes in 3Q12, a Company Record

      CSN Steel Sales Reach 1.6 Million Tonnes in 3Q12, a Company Record

PR Newswire

SAO PAULO, Oct. 31, 2012

SAO PAULO, Oct. 31, 2012 /PRNewswire/ -- CSN - Companhia Siderurgica Nacional
(BM&FBOVESPA: CSNA3) (NYSE: SID) announces its results for the 3Q12:

  oNet revenue totaled R$4.3 billion in 3Q12, 3% up on the 2Q12. In the same
    period, domestic market net revenue increased by 14%;
  o3Q12 steel sales volume reached the record level of 1.6 million tonnes,
    13% more than in 2Q12 and 35% up year-on-year. Sales in 9M12 amounted to
    4.3 million tonnes, 17% higher than in 9M11;
  oDomestic market steel sales reached 1.3 million tonnes in 3Q12, also a new
    record, 21% higher than in 2Q12 and 24% up on the same period last year.
    Year-to-date domestic sales volume totaled 3.3 million tonnes, a 5%
    improvement over the first nine months of 2011.
  oGross profit amounted to R$1.2 billion in 3Q12 and adjusted EBITDA reached
    R$1.1 billion.

The full Earnings Release is available on CSN's IR website at
www.csn.com.br/ir.

CSN will be hosting conference call about its 3Q12 Earnings on THURSDAY,
November 1, 2012, at 8:00 a.m. US ET in Portuguese with simultaneous
translation into English. Connection details may be obtained on the Company's
IR website.

Investor Relations
David Salama
Investor Relations Executive Officer
Phone: +55 11 3049-7588
david.salama@csn.com.br

SOURCE CSN - Companhia Siderugica Nacional

Website: http://www.csn.com.br/ir