National Steel Co 6-K, filed May 29, 2020
National Steel Co (SID)
About this 6-K
National Steel Co filed this 6-K on May 29, 2020.
Pursuant to Rule 13a-16 or 15d-16 of the
São Paulo, SP, Brazil
04538-132
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____COMPANHIA SIDERÚRGICA NACIONAL
Publicly-Held Company
Corporate Taxpayer’s ID (CNPJ MF): 33.042.730/0001-04
Company Registry (NIRE): 35-3.0039609.0
MATERIAL FACT
COMPANHIA SIDERÚRGICA NACIONAL ("Company" or "CSN"), pursuant to the provision of CVM Instruction No. 358/2002, as amended, informs its shareholders and the market in general, that it is monitoring the developments of the COVID-19 pandemic and the impacts on its business where it operates.
In this context, the Company informs that a temporary shutdown of Blast Furnace 2 was planned for today, which has a capacity of 1.5 million tons per year, aiming to adapt steel production to market demand.
The other units of the Company and its subsidiaries in Brazil, Germany and Portugal continue with their normalized activities, with no material operational impacts, respecting the restrictions imposed by local authorities.
The Company will continue to monitor the situation, keeping the market informed of any relevant new developments.
São Paulo, May 29th 2020.
Marcelo Cunha Ribeiro
Chief Financial and Investor Relations Officer
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COMPANHIA SIDERÚRGICA NACIONAL | |
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By: |
/S/ Benjamin Steinbruch
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Benjamin Steinbruch
Chief Executive Officer | |
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By: |
/S/ Marcelo Cunha Ribeiro
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Marcelo Cunha Ribeiro
Chief Financial and Investor Relations 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.