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Published: 2022-10-31 20:32:41 ET
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6-K 1 sid20221031_6k.htm 6-K
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
FORM 6-K
 
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
 
For the month of October, 2022
Commission File Number 1-14732
 
 
COMPANHIA SIDERÚRGICA NACIONAL
(Exact name of registrant as specified in its charter)
 
National Steel Company
(Translation of Registrant's name into English)
 
Av. Brigadeiro Faria Lima 3400, 20º andar
São Paulo, SP, Brazil
04538-132
(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____

 
 

 

 

COMPANHIA SIDERÚRGICA NACIONAL

Publicly Held Company

Corporate Taxpayer: 33.042.730/0001-04

NIRE: 35-3.0039609.0

 

 

MATERIAL FACT

 

 

Companhia Siderúrgica Nacional ("CSN " or "Company"), informs its shareholders and the market in general the guidance updates, as follows:

 

(i)Replacement of Consolidated CAPEX from BRL 4.1 billion to BRL 3.0 billion in 2022;
(ii)Projection of producing a total iron ore volume plus purchases from third parties of 34,000 kton until the end of 2022; and
(iii)Replacement of the leverage projection, measured by the Net Debt/Adjusted EBITDA index from 1.0x in 2022 to a level between 1.75x and 1.95x between the closings of the annual balance sheets for 2022 and 2023.

 

Such projections will be included in section 11 of the Company’s Reference Form and will be available on the CVM's website in http://www.cvm.gov.br/ and on the Company’s website in http://ri.csn.com.br/en , within the legal deadline.

 

CSN clarifies that the information disclosed in this document represents an estimate and involves market factors beyond the Company’s control. Therefore, it does not constitute a promise of performance on the part of the Company and/or its directors and, thus, may undergo further changes.

 

 

São Paulo, October 31, 2022.

 

 

Marcelo Cunha Ribeiro

CFO and Investor Relations Officer

 

 

 

 
 
SIGNATURE
 
 
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.
Date: October 31, 2022
 
COMPANHIA SIDERÚRGICA NACIONAL
By:
/S/ Benjamin Steinbruch
 
Benjamin Steinbruch
Chief Executive Officer

 

 
By:
/S/ Marcelo Cunha Ribeiro
 
Marcelo Cunha Ribeiro
Chief Financial and Investor Relations Officer

 
 

 

 
FORWARD-LOOKING STATEMENTS

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.